Billionaire provides bond for Trump's trial in New York
Billionaire business mogul who provided bond for Trump's trial in New York says he may not have charged enough, faces scrutiny from officials.
Key Points
- Billionaire supported Trump in 2016 and is backing his re-election
- Bond initially set at $454 million, reduced to $175 million
- Trump provided collateral for the bond in cash
Pros
- Billionaire provided necessary bond for Trump's trial
- Bond amount reduced from $454 million to $175 million
Cons
- Billionaire may have undercharged for the financial service
- Facing intense scrutiny from New York Attorney General's office