Billionaires sought to help fund Trump bond in civil fraud case

Full details of the billionaires’ efforts to raise funds, such as how much each donor had potentially pledged, were not immediately available. — Reuters

New York: Some major Republican donors were working together to help US presidential candidate Donald Trump fund the original bond amount needed to cover his US$454mil civil fraud judgement ahead of Monday’s deadline, three sources briefed on the matter say.

Former Republican President Trump needs to pay a bond in a New York civil case in which he was found liable for fraudulently inflating his net worth by billions of US dollars to secure better loan and insurance terms.