Trump settles Trump University fraud case by paying $25 million to victims he scammed

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Donald Trump settles lawsuit against Trump U for $25 million 2:23
Donald Trump has agreed to a $25 million settlement to end the fraud cases against his now-defunct Trump University, New York's attorney general said — a move that the president-elect said Saturday was done in order to "focus on the country."

The settlement likely means that Trump will avoid becoming possibly the first sitting president to testify in open court.

New York Attorney General Eric Schneiderman called the settlement on Friday "a major victory for the over 6,000 victims of his fraudulent university." Lawyers involved in the cases say the settlement applies to all three lawsuits against Trump University including two cases filed in California.

Trump commented on the settlement via Twitter on Saturday, telling his 15 million followers that the only "bad thing about winning the presidency" was not being able to fight the "long but winning" Trump University trial.

boards of FL wrote:http://www.nbcnews.com/news/us-news/25-million-settlement-reached-trump-university-lawsuit-n686026

PlayDonald Trump settles lawsuit against Trump U for $25 million Facebook Twitter Google Plus Embed
Donald Trump settles lawsuit against Trump U for $25 million 2:23
Donald Trump has agreed to a $25 million settlement to end the fraud cases against his now-defunct Trump University, New York's attorney general said — a move that the president-elect said Saturday was done in order to "focus on the country."

The settlement likely means that Trump will avoid becoming possibly the first sitting president to testify in open court.

New York Attorney General Eric Schneiderman called the settlement on Friday "a major victory for the over 6,000 victims of his fraudulent university." Lawyers involved in the cases say the settlement applies to all three lawsuits against Trump University including two cases filed in California.

Trump commented on the settlement via Twitter on Saturday, telling his 15 million followers that the only "bad thing about winning the presidency" was not being able to fight the "long but winning" Trump University trial.