"the lead crook saying he still didnt do anything wrong, but it was cheaper to settle than fight the charges."
I have seen this quite a lot.
I have actually known a few people who've taken this tack--I'm innocent, but let me pay you a huge settlement, because it's easier and cheaper. Of course, they are guilty as hell (it's always white-collar crime).
And I always think, if I were accused of something I DID NOT DO, there would be no way I'd buy my way away from it. My name is worth more than that to me.
Many an attorney will advise you to "just pay and make it go away." But attorneys are people, to invoke Oscar Wilde, who know the price of everything and the value of nothing.
Bullshit.
When companies are greenmailed, or settle frivolous lawsuits out of court, you blaim trial lawyers.
The unfortunate truth is that our legal system is horrendously expensive and complicated and one can draw no definite conclusions when someone settles rather than litigates.