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Old 11-18-2016, 08:14 AM   #2257
photon
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In a complete turnaround from his previous position, President-elect Donald Trump is nearing a settlement of the fraud cases brought in New York and California involving his now defunct for-profit Trump University, the Daily News has learned.

Under the emerging deal being negotiated by Trump's lawyers, New York State Attorney General Eric Schneiderman and the law firm that brought a class action lawsuit regarding Trump University in California, the president-elect will agree to pay between $20 million and $25 million to settle the matter, a source with knowledge of the situation said.

Trump will not admit to any wrongdoing in the final agreement, which could be announced as soon as Friday, the source said.


http://www.nydailynews.com/news/nati...icle-1.2878780
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