Billionaire CEO Don Hankey's Role in Trump's $175 Million Bond Under Scrutiny

1 min read
Source: Newsweek
Billionaire CEO Don Hankey's Role in Trump's $175 Million Bond Under Scrutiny
Photo: Newsweek
TL;DR Summary

Don Hankey, CEO of the company that helped Donald Trump pay his civil fraud bond, is under scrutiny due to his ongoing relationship with the Trump family and his company's links to controversial entities. Hankey, who heads Knight Specialty Insurance Company and Axos Bank, has faced criticism for his business practices, including high-interest rates and alleged dubious lending practices. The company's involvement in financing real estate transactions with Jared Kushner's Kushner Companies and lawsuits against it have also drawn attention. Hankey, a Trump supporter, defended his decision to help Trump pay the bond, while Trump's attorney expressed confidence in overturning the verdict on appeal.

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