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spanone

(135,873 posts)
Fri Nov 18, 2016, 05:14 PM Nov 2016

Breaking: don trump pays 25 MILLION dollars to settle trump university lawsuit

per m$nbc

just think how the right would frame this if Hillary had won and settled a lawsuit for 25 million dollars....?

so he made 40 million and got out by paying 25 million....not a bad scam.

There are three lawsuits relating to Trump University: two class actions suits in California and a case brought by New York Attorney General Eric Schneiderman. All of the cases would be covered in the possible settlement, the person said.

The source asked not be identified because the agreement was not yet final.

Schneiderman has said over 5,000 students across the country were defrauded out of about $40 million.

The $25 million settlement agreement would include roughly $4 million to resolve Schneiderman's claims, the source said. Lawyers for the students were not planning to seek attorneys fees, but reimbursement for costs.

http://www.reuters.com/article/us-trump-lawsuit-idUSKBN13D1UI
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Breaking: don trump pays 25 MILLION dollars to settle trump university lawsuit (Original Post) spanone Nov 2016 OP
CROOKED DONALD Skittles Nov 2016 #1
That's it? That's a slap on the wrist! Initech Nov 2016 #2
This is chump change on what he is looking at gaining being dictator.. pbmus Nov 2016 #3
It probably didn't come out of his pocket. lpbk2713 Nov 2016 #4
well, it's too soon to loot the treasury....i'm sure it didn't come out of his pocket spanone Nov 2016 #5
How much money is left in his foundation? tammywammy Nov 2016 #6
Too little Yonnie3 Nov 2016 #7
a profitable scam....he won! spanone Nov 2016 #8
I was thinking 120 million Yonnie3 Nov 2016 #9
I think every member of the class ET Awful Nov 2016 #10
Would love that malaise Nov 2016 #12
He should be locked up malaise Nov 2016 #11
she was being considered for a trump post..... spanone Nov 2016 #13
"I make deals. It's what I do. I make the best deals." VOX Nov 2016 #14
And he's in charge of a fugging superpower malaise Nov 2016 #15

lpbk2713

(42,766 posts)
4. It probably didn't come out of his pocket.
Fri Nov 18, 2016, 05:18 PM
Nov 2016



More likely from corporate benefactors who want to get in Trump's good graces.

Yonnie3

(17,483 posts)
7. Too little
Fri Nov 18, 2016, 05:26 PM
Nov 2016
Schneiderman has said over 5,000 students across the country were defrauded out of about $40 million.

The $25 million settlement agreement would include roughly $4 million to resolve Schneiderman's claims, the source said. Lawyers for the students were not planning to seek attorneys fees, but reimbursement for costs.


So it's a dime on the dollar before costs.

Yonnie3

(17,483 posts)
9. I was thinking 120 million
Fri Nov 18, 2016, 05:33 PM
Nov 2016

Triple damages for fraud.

I am hearten by my suspicion that he didn't make $25 million off this scam. I read that they had refunded some tuition already and he's out lawyer's fees.

Of course, as others have pointed out, he may not even be paying this himself.

ET Awful

(24,753 posts)
10. I think every member of the class
Fri Nov 18, 2016, 05:33 PM
Nov 2016

Should withdraw from the class action suit and file individually as is their right. Tie him up in court for years to come.

VOX

(22,976 posts)
14. "I make deals. It's what I do. I make the best deals."
Fri Nov 18, 2016, 08:05 PM
Nov 2016

"Best deals" are in his mind only. He steals, scams, cheats, skims, stretches, sneaks, fudges, ducks, withholds, whines, sulks, tattles, cries, moans...oh and he lies. LIES BIGLY.

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