Billionaire Helps Trump With $175 Million Bond

Billionaire Helps Trump With $175 Million Bond

Billionaire Helps Trump With $175 Million Bond

A billionaire known as the “king of subprime car loans” helped Donald Trump pay his $175 million bond in his New York case.

“I had heard that he was trying to put together the $460 million bond. I reached out at that time. We began to have a conversation. The bond got reduced. So they thanked us for the help trying to put the larger bond together. So we said goodbye. A few days later they called back and said, ‘Would you come back and do the $175 million bond?'” billionaire Don Hankey told DailyMail.com.

The New York appeals court lowered the bond and had given Trump ten more days to secure it, since his lawyers had said that it was almost impossible to obtain underwriting for the original amount.

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