President-elect Donald Trump Donald John TrumpHR McMaster says president's policy to withdraw troops from Afghanistan is 'unwise' Cast of 'Parks and Rec' reunite for virtual town hall to address Wisconsin voters Biden says Trump should step down over coronavirus response MORE on Wednesday paid $25 million to settle three lawsuits over his now-defunct Trump University, CNN Money reported.

Of that, $21 million will go to former students of Trump University in California, where two class-action lawsuits were filed, while $4 million will go to a suit filed in New York by state Attorney General Eric Schneiderman.

The lawsuits claimed that the Trump-branded organization offered expensive real estate classes that falsely advertised instructors who were associated with Trump.

Schneiderman has referred to Trump University's actions as the "hallmark of snake-oil salesmen."

ADVERTISEMENT

The online school did not have to admit wrongdoing in the settlement.

The Trump Organization did not immediately provide CNN Money with a comment, but in November said the settlements would allow Trump to focus on his duties as president-elect.

"While we have no doubt that Trump University would have prevailed at trial based on the merits of this case, resolution of these matters allow President-Elect Trump to devote his full attention to the important issues facing our great nation," a spokesperson said at the time.

By settling in November, the president-elect avoided having to appear in court over the lawsuits.