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Up to $25 Million Settlement Reported Near in Trump University Fraud Case

Settlement near in Trump University case: Source  1 Hour Ago | 00:59

President-elect Donald Trump is nearing a settlement in the Trump University fraud case, a source told CNBC on Friday.

The president-elect will agree to pay $20 million to $25 million to settle the complaint, which could happen as soon as Friday. Trump will not admit to any wrongdoing in the final agreement, the source said.