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AlterNet - Trump already owed the billionaire who just helped him post fraud case bond
02 April
One month after Judge Arthur Engoron ordered Donald Trump to pay $464 million at the conclusion of his New York civil fraud trial, a panel of New York Appellate Division judges last week granted the MAGA hopeful ten days to post a $175 million bond instead. ...
On Monday, the former president posted the $175 million, meaning he "has likely avoided a worst-case scenario of frozen bank accounts and asset seizure," Axios reports.
According to MSNBC legal correspondent Lisa Rubin, the former president already owed loans from two years ago back to the billionaire who helped him secure the $175 million. Rubin reports via X:
"NEW: The company that underwrote Trump's bond tonight in the NY Attorney General's civil fraud case, Knight Specialty Insurance Co., is owned by Don Hankey, the so-called 'king of subprime car loans.' But that's not all."
"Hankey, who is #128 on Forbes’s 2023 list and #317 on the 2023 Forbes billionaires list, made his money in auto services. But he is also believed to be the largest shareholder in Axos Bank. If Axos sounds familiar, it's because it's the financial institution that refinanced Trump’s loans on Trump Tower and Doral in 2022. Specifically, Axos has loaned Trump $100 million in his refinancing of Trump Tower and another $125 million for Doral."
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Sideface:"If your constitutional rights have been violated we will defend you," Trump said. "If you have illegal aliens invading your home, we will deport you."
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