Don Hankey: The Man Behind Trump's $175 Million Bond Revealed
Thursday, 4 April 2024, 11:28
Don Hankey: The Subprime Car Loan Empire
Don Hankey, a billionaire in the subprime auto loan industry, recently made headlines for backing Trump's $175 million bond.
Controversies and Legal Issues
- Consumer Complaints: Hankey's companies have faced numerous complaints from consumers regarding their business practices.
- Regulatory Fines: The auto loan empire led by Hankey has been fined by regulators for non-compliance.
- DOJ Lawsuits: Legal battles with the Department of Justice have added to the challenges faced by Hankey's companies.
Despite his success in the industry, Hankey's empire has been marred by these issues, raising questions about the use of subprime lenders in high-profile financial transactions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.