The businessman who loaned former President Donald Trump $175 million for his bond in the New York civil fraud case said he charged him a low fee.
California billionaire Don Hankey, a longtime Trump supporter, stepped in to post Trump’s hefty bond in the case on Monday. However, in an interview with Reuters, he lamented that his low fee for the loan probably should have been higher, given the legal trouble he is facing.
“We thought it would be an easy procedure that wouldn’t involve other legal problems, and it’s not turning out that way. We probably didn’t charge enough,” Hankey said.
“We have been getting a lot of emails, a lot of phone calls. Maybe that’s part of the reason he had trouble with other insurance companies,” he added, clarifying that he did not regret posting
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