Donald Trump quietly paid out $25 million on Tuesday night to settle litigation against his now defunct Trump University, one day before the deadline and three days before he is set to be inaugurated. The funds were deposited into an escrow account by the Trump Entrepreneur Initiative (Trump University had to change its name to…
Stephen Colbert reminded us that the president-elect Trump settled a $25 million fraud lawsuit over the weekend. Colbert spoke directly to the graduates of Trump University. “As you leave these hallowed hotel ballrooms to start your lives, and then restart your educations at an actual school,” he said, “you will be entering a troubled world.…
Despite earlier claims that he would refuse to settle the Trump University fraud case, President-elect Donald Trump is reportedly nearing a settlement. The New York Daily News reports that Trump is likely to pay between $20 million and $25 million to settle the issue before his inauguration. The agreement, which may be announced as soon…
The Trump Organization has sprawling financial connections throughout the world with foreign entities and even criminals, creating a “national-security nightmare,” according to a new report from Newsweek. It’s unclear if Republican presidential nominee Donald Trump or his family members will sever ties to his business empire if he wins the general election. According to an…
On Tuesday, New York Attorney General Eric Schneiderman announced an investigation has been opened into whether the Donald J. Trump Foundation is “complying with the laws governing charities in New York.” The foundation was started by Trump in 1988 to give away proceeds from his book The Art of the Deal. “My interest in this…
In March 2014, Donald Trump opened his 126-room Palm Beach resort, Mar-a-Lago, for a $3,000-per-person fundraiser for Pam Bondi. The Florida attorney general, who was facing a tough re-election campaign, had recently decided not to investigate Trump University. Trump did not write a check to the attorney general that night. The previous fall, his personal…
Vice President Joe Biden spoke at the same event that Elizabeth Warren roast Donald Trump and raised the alarm about he’s attacks on the judge in the Trump U case. Biden brought up how––in trashing the judge––Trump said, “We’ll come back in November. Wouldn’t that be wild if I’m president and I come back to…
Donald Trump continued with his insults on U.S. District Judge Gonzalo Curiel. In an interview Thursday with The Wall Street Journal, Trump said Curiel, the presiding judge over the Trump University fraud lawsuits, has “an inherent conflict of interest” because he is of “Mexican heritage.” Although Curiel was born in Indiana and is American, Trump…
An exclusive analysis of legal filings across the United States finds that the presumptive Republican presidential nominee and his businesses have been involved in at least 3,500 legal actions in federal and state courts during the past three decades. They range from skirmishes with casino patrons to million-dollar real estate suits to personal defamation lawsuits,…
