"California Billionaire Don Hankey's $175 Million Bond for Trump's Legal Troubles"

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Source: NBC News
"California Billionaire Don Hankey's $175 Million Bond for Trump's Legal Troubles"
Photo: NBC News
TL;DR Summary

Don Hankey, a California financier and chairman of the Hankey Group of Companies, provided Donald Trump's $175 million appeal bond, drawing attention to his subprime auto lending and regulatory violations. Hankey's companies, including Westlake Financial, have faced multiple actions from regulators, such as illegal repossessions and failure to provide service members with benefits. Consumer complaints filed against Westlake include allegations of improper repossessions, unauthorized charges, and inaccurate loan reporting. Hankey's companies have also been subject to regulatory actions by the Consumer Financial Protection Bureau and the California Department of Insurance.

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