Trump lawyer: No charitable funds will pay for Trump University settlement

Trump lawyer: No charitable funds will pay for Trump University settlement
© Getty

President-elect Donald TrumpDonald TrumpMcCarthy says he told Rep. Marjorie Taylor Greene he disagreed with her impeachment articles against Biden Biden, Trudeau agree to meet next month Trump planned to oust acting AG to overturn Georgia election results: report MORE will not use money from his charitable foundation to pay the $25 million settlement of fraud lawsuits related to the now-defunct Trump University, Politico reported Monday night.


The New York attorney general’s office announced Friday that Trump had agreed to settle three lawsuits against Trump University.

Trump Organization general counsel Alan Garten wrote Monday to New York Attorney General Eric Schneiderman’s office, promising “no part of the funding of my clients’ settlement of the New York Attorney General Action or the California Actions will come from any charitable foundation or other charitable entity.”

The lawsuits, filed by Schneiderman and a law firm in California, alleged that the for-profit school had scammed customers into taking expensive classes that were run by people who had little to no connection to Trump himself.

Schneiderman spokeswoman Amy Spitalnick said the attorney general's office had demanded such a guarantee, “given Mr. Trump’s reported history of using his charity’s money to fund his and his businesses’ legal settlements.”

As part of the settlement, Trump has also agreed to pay New York up to $1 million in fines for violating state education laws. The rest of the $25 million will go to the 6,000 plaintiffs making up the three lawsuits.