New York Attorney General: Trump University Will Pay $25M To Settle Fraud Claims

(November 21, 2016, 5:21 PM EST) -- NEW YORK — New York Attorney General Eric T. Schneiderman on Nov. 18 announced that a $25 million settlement had been reached ending claims that Trump University — which was owned by President-elect Donald Trump and marketed itself as a university to train, educate and mentor entrepreneurs involved in real estate investing — was actually a sham and defrauded its students out of millions of dollars....

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