Trump settles Trump University lawsuits for $25m(£20m)

New York Attorney General talks about the settlement of the three Trump University lawsuits for $25m (£20m) by Donald Trump.

Donald was being sued by ex-students who paid $35,000 for real estate "secrets" from his "hand-picked" instructors.

Mr Trump had repeatedly said that he will not settle the class-action lawsuits.

Attorney General Eric Schneiderman made it known that the settlement was a "stunning reversal" by Mr Trump and a "major victory" for victims.

Read his statement;
Today's $25 million [£20m] settlement agreement is a stunning reversal by Donald Trump and a major victory for the over 6,000 victims of his fraudulent university.
"The victims of Trump University have waited years for today's result and I am pleased that their patience - and persistence - will be rewarded by this $25 million settlement."

Trump(the businessman) faced three fraud lawsuits - which alleged the school to misled students and also failed to deliver on its promises - in California and New York.

Read more on BBC NEWS

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