from Hacker News

Trump University Settles Fraud Claims for $25M

by spuiszis on 11/18/16, 10:48 PM with 36 comments

  • by kafkaesq on 11/18/16, 10:49 PM

    “Donald Trump fought us every step of the way, filing baseless charges and fruitless appeals​ and refusing to settle for even modest amounts of compensation for the victims of his phony university,” Schneiderman said in a statement. “Today, that all changes. Today’s $25 million settlement agreement is a stunning reversal by Donald Trump and a major victory for the over 6,000 victims of his fraudulent university.”

    That's not even 5k a head. A pittance, really.

  • by superplussed on 11/19/16, 10:18 AM

    Weren't the defendants in a position of greater leverage once he was elected president? From what I'd read, it would have been the first time a sitting president was forced to defend himself in a criminal trial. So if you've endured this legal battle for so long, why settle for a relatively small amount just when your leverage has started to climb?
  • by spuiszis on 11/18/16, 10:50 PM

    I can only wonder what effect this would have on voters if it settled prior the the election.
  • by afinlayson on 11/19/16, 1:37 AM

    I wonder if Donald Trump of 2012 would let a President Elect who was found to have conned thousands without making a big deal of it. "Worst abuse of power ever" or something like that.
  • by cmdrfred on 11/19/16, 2:28 PM

    If you are curious like I was why this wasn't a bigger issue during the election, turns out the other candidate wasn't in a position to take the moral high ground on this either.

    http://www.politico.com/story/2016/08/bill-clinton-laureate-...