Trump Isn’t The Only Billionaire Winner From Ruling That Threw Out Huge Fine

Los Angeles insurance billionaire Don Hankey came to Trump’s rescue last year when he agreed to put up…
#NewsBeep #News #Headlines #$500millionfine #Appealscourt #bond #DonHankey #DonaldTrump #IL #insurance #Israel #Trump
https://www.newsbeep.com/78595/

Keith Davidson, Stormy Daniels’ ex-lawyer who took the stand on Tuesday in Trump's criminal trial, also filed a sexual assault case against the estranged son of Don Hankey, the billionaire who recently bailed Trump out.

Let's unpack all that.

1/

#trump #trumptrial #donhankey

https://www.forbes.com/sites/zacheverson/2024/04/30/keith-davidson-donald-trump-stormy-daniels-don-hankey/?sh=71e3e1136091

#trump #bond #knightspecialtyinsurance #donhankey #judgearthurengoron #letitiajames #newyorkcivilfraud

Don the con ;

“The insurance company that helped former President Donald Trump pay a $175 million bond is coming under more scrutiny as financial experts get a better look at the contract it wrote.

The Daily Beast reports that the Knight Specialty Insurance Company's bond contract "doesn’t actually promise it will pay the money if the former president loses his $464 million bank fraud case on appeal" but instead "says Trump will pay, negating the whole point of an insurance company guarantee."

Experts who spoke with the publication about the contract did not hold back on how shady this arrangement seems.

This is not common," said N. Alex Hanley, the CEO of Jurisco Surety Bonds. "The only reason this would be done is to limit the liability to the surety."

https://www.rawstory.com/trump-bond-payment-contract/

#sethabramsom #trump #bond #donhankey #knightinsurancegroup #axosfinancial #letitiajames

“Proof has previously expressed its concern, in reaction to the aforementioned Axos Whistleblower Case, that Trump’s new lender has a long history, via his involvement with Axos as its largest investor, with a digital operation that not only is the “lender of last resort” for the Trumps but also one that specifically does business with (a) foreign criminals, and (b) former leaders or public figures in three nations that Trump has attempted to collude with during his brief time as a politician in the United States: Russia, China, and Venezuela (as well as Kremlin assets in Ukraine, as discussed at great length in the 2020 national bestseller from the Proof Trilogy, Proof of Corruption).”

https://sethabramson.substack.com/p/everything-we-were-told-about-the

Mary Trump: 'In an interview with ProPublica, billionaire California financier #DonHankey said he reached out to Trump’s camp several days before the bond was lowered, expressing willingness to offer the full amount and to use real estate as collateral.”

The problem? “[Donald’s] lawyers never filed paperwork alerting the appeals court that Donald had a way to pay the full initial amount. That failure may have violated ethics rules, legal experts say. '

https://marytrump.substack.com/p/letitia-james-rejects-donalds-bond?utm_source=profile&utm_medium=reader2 #Trump #bond #NYC

Fed Up Judge MOVES QUICK on Trump’s INVALID BOND Stunt

https://www.youtube.com/watch?v=l1ujvO-jhDM

#Trump #DonHankey #Bond #NYC #JudgeEngoron #AG #LetitiaJames

#Trump #Bond Firm Should Offer Proof of Resources, #NewYork Says

#NYAG #LetitiaJames asked an appeals court to require Trump to prove within 10 days that the company providing his $175M bond in the state’s #civil #fraud case is financially capable of delivering if his #legal challenges fail.

The request was made in a filing Thurs by the state.

#law #KnightSpecialtyInsurance #DonHankey
https://www.bloomberg.com/news/articles/2024-04-04/trump-bond-firm-should-offer-proof-of-resources-new-york-says