The individual providing Donald Trump with the bail bond: who is Don Hankey?

There has been speculation about whether former President Donald Trump would need to file for bankruptcy after his conviction in a fraud trial. However, billionaire Don Hankey stepped forward to assist Trump by providing him with a $175 million bail loan following his court order. Hankey’s wealth comes from various business ventures, including car loans and real estate, and he is the founder of the Hankey Group, which has stakes in credit companies, insurance, and Axos Bank.

Despite his significant wealth and political donations to both parties in the past, 80-year-old Don Hankey has not been a prominent figure in politics. He claims that he provided the loan as a good business opportunity rather than as a political statement. Despite their differences, Hankey has expressed frustration with the court’s decision in Trump’s civil case, which found that Trump and others associated with his company committed commercial fraud by inflating the value of Trump properties to gain financial benefits. The court ordered Trump to pay $464 million to New York state with interest.

Hankey’s involvement in assisting Trump is not unprecedented. In 2022, Axos Bank reportedly provided a $225 million loan to the Trump Organization when other lenders pulled out due to concerns about Trump’s role in the Capitol riot. The bank’s president approved the loan based on financial considerations rather than political motivations. Overall, Hankey’s actions are viewed as business decisions rather than political statements.

There have been many speculations regarding whether former President Donald Trump will need to declare bankruptcy after his conviction in a fraud trial. However, wealthy entrepreneur Don Hankey stepped forward to help him by providing him with a $175 million bail loan following his court order.

Hankey’s wealth comes from various business ventures such as car loans and real estate development through his company called Hankey Group which includes credit companies, insurance and has stakes in Axos Bank.

Despite their differences and Don Hankey’s significant wealth and political donations to both parties in the past, he claims that he provided the loan as a good business opportunity rather than as a political statement.

Hankey expressed frustration with the court’s decision regarding Donald trump’s civil case which found that he and others associated with his company committed commercial fraud by inflating property values for financial gains.

The judge ruled that trump should pay $464 million to New York state with interest.

Hankeys involvement in assisting trump is not unprecedented; In 2022 Axos Bank reportedly provided him with $225 million loan when other lenders withdrew due to concerns over Trumps role in Capitol riot.

Overall Don hankeys actions are viewed as business decisions rather than political statements

By Riley Johnson

As a content writer at newsmol.com, I dive into the depths of information to craft compelling stories that captivate and inform readers. With a keen eye for detail and a passion for storytelling, I strive to create engaging content that resonates with our audience. Whether it's breaking news, in-depth features, or thought-provoking opinion pieces, I am dedicated to delivering high-quality, informative content that keeps readers coming back for more. My goal is to bring a fresh perspective to every article I write and to make a meaningful impact through the power of words.

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