Chalk one up for the little guy. The con job Donald Trump pulled on thousands of unsuspecting students at his so-called, “Trump University” backfired, causing the so-called “president-elect” to settle numerous lawsuits against him for $25 million.On Wednesday, two days before he becomes the 45th president of the United States, Donald Trump paid what he owes for a chance and sent in the payment.
President-elect Donald Trump made a payment of $25 million on Wednesday to settle three lawsuits filed against his Trump University wealth seminars.
The Trump Entrepreneur Initiative, formerly named Trump University, made the payment on Wednesday according to a CNN Money report that cited plaintiffs’ lawyers.
Out of the settlement, $21 million will go to about 7,000 former Trump University enrollees in two California class action lawsuits and the remaining $4 million will cover a case brought against Trump by New York’s attorney general Eric Schneiderman, according to the report. As part of the deal, Trump University did not admit any wrongdoing or fault.
The Trump Organization did not have an immediate comment to CNN.
Donald Trump was “elected” with the help of people like the KKK, who said that Trump represent the type of things they believed in. And since his “election,” Trump has put in power numerous people of questionable racial beliefs. Among these people is Trump’s new adviser, Reed Cordish, an executive of the Cordish Companies and being sued for hiring white men to beat up black people.
On Wednesday, Trump tapped Reed Cordish as assistant to the president for intergovernmental and technology initiatives. Cordish is an executive of the Cordish Companies, his family’s Baltimore-based real-estate business, and the president of Entertainment Concepts Investors, a subsidiary that owns and manages bars, restaurants, and clubs throughout the U.S.
But the Power and Light District, a half-million-square-foot downtown shopping and entertainment center, has a dark reputation among the city’s black community. Two separate lawsuits against the companies say the area is commonly referred to as the “Power and White District” for its owner’s alleged record of racial discrimination.
In 2014, Dante Combs and Adam Williams sued as the lead plaintiffs in a $5 million class-action racial-discrimination case. Cordish’s business won an initial ruling in a federal district court, but Combs and Williams are appealing the decision.
The two plaintiffs say they were beaten and harassed by white men employed by the Cordish company to “lighten up” its clubs as part of a long-running campaign to keep away black people.
Cordish is the latest Trump pick with an alleged racist past.