Trump settles fraud cases for $25 million
RT this video showing the inner workings of Trump University. IT IS WILD! https://t.co/tCVmX7tS9Q— Ejike 🇳🇬 (@TheNewThinker) November 19, 2016
UNITED States President-Elect Donald Trump will pay $25 million to former students of Trump University after settling three court cases where the organisation was accused of fraud.
Trump did not admit any wrongdoing in the settlement, the Los Angeles Times reported.
He previously publically said on social media that he would never settle the cases against Trump University.
Then, on November 19 and just minutes after first announcing he had settled all three lawsuits, Trump posted on Twitter his reasons for settling.
"The ONLY bad thing about winning the Presidency is that I did not have time to go through a long but winning trial on Trump U. Too bad!" he tweeted.
Students who bought the cases against Trump said the university defrauded them of thousands of dollars in tuition fees for the real-estate seminar program by promising training it did not deliver on.
Former employees at Trump University have also come forward and said they were urged to sign students up for the program even it was clear they couldn't afford it.
Fees for the seminars sometimes reached up to $35,000.
It has since stopped offering training.
The ONLY bad thing about winning the Presidency is that I did not have the time to go through a long but winning trial on Trump U. Too bad!— Donald J. Trump (@realDonaldTrump) November 19, 2016
The first case against the former education provider was due to go to trial before the end of November.
The Los Angeles Times reported $21 million would go to the estimated 7000 plaintiffs in two class-action cases brought forward in San Diego.
The remaining $4 million will go to those involved in the third case, brought forward in New York.
Trump's actions gained attention across the world, including in Australia.
On Sunday afternoon, Trump supporters from Australian far-right groups marched in Melbourne to support the anti-immigration president-elect.
A counter rally protesting against Trump's policies was held at the same time.