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

Mysterious Wealthy Philanthropist Steps In to Help Donald Trump Avoid Bankruptcy After Fraud Conviction

There has been speculation surrounding whether Donald Trump would need to file for bankruptcy following his conviction in a fraud trial. However, it was not all doom and gloom for the former president as wealthy individual Don Hankey stepped in to offer assistance.

Hankey, who has amassed his wealth through various business ventures including car loans, possesses assets worth $23.4 billion. His company, the Hankey Group, is involved in credit companies, real estate, insurance, and has a stake in Axos Bank. Despite his significant wealth, 80-year-old Don Hankey has not been a prominent figure in politics. He has donated to politicians from both the Republican and Democratic parties in the past, including support for Trump.

However, Hankey insists that he is not a fan of Trump but views his loan as a good business opportunity. Hankey provided Trump with a loan to post bail after a court ordered him to pay $175 million following his fraud conviction. Despite her ruling in the civil case finding that Donald Trump and others associated with his company committed commercial fraud by inflating the value of Trump properties to gain financial benefits, Hankey expressed frustration with the court’s decision citing common practices in the real estate industry.

Don Hankey’s involvement in assisting Trump is not unprecedented. His company Axos Bank reportedly provided a loan of $225 million to the Trump Organization in 2022 when other lenders pulled out due to 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.

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