News about Don Hankey

The New York Attorney General's office asked a judge to void the $175 million bond secured in the New York civil fraud case. In a filing on Friday, AG Letitia James' office said Trump and other defendants in the case failed to show there is enough identifiable collateral to back the bond. The lawyers asked Judge Arthur Engoron to require Trump and other defendants to put up a replacement bond within seven days of ruling on the issue.

Letitia James, the attorney general of New York, gave Trump ten days to 'justify' the bond he obtained from California billionaire Don Hankey's company. During a $175 million court ruling in his New York fraud lawsuit, Trump obtained the bond. James wrote that the company isn't licensed to issue bonds in New York and is hoping that if Trump refuses to pay if appealed.

Letitia James, the attorney general in New York, gave Trump ten days to'justify' the bond he obtained from California billionaire Don Hankey's company. The bond was secured despite being facing a $175 million court decision.

Don Hankey, a billionaire, says he reached out to Trump at a time when the former president was attempting to obtain a bond despite a huge court decision. He has an estimated net worth of $7.4 billion and operates a business that gives loans to people with bad credit who are trying to buy cars. In 2022, a bank where he is a highly respected non-institutional investor loaned $100 million to Trump so he could refinance Trump Tower.

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