Billionaires sought to help fund Trump bond in civil fraud case, sources say

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Billionaires sought to help fund Trump bond in civil fraud case, sources say
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WASHINGTON, March 26 — Some major Republican donors were working together to help US presidential candidate Donald Trump fund the original bond amount needed to cover his $454...

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Billionaire hedge fund founder John Paulson was involved in the behind-the-scenes effort by donors concerned about Trump’s legal woes and looking to help provide money toward the bond, two of the sources told Reuters. Oil and gas magnate Harold Hamm was also involved, one of those sources said.The sources asked not to be identified in order to speak freely about the matter, which has not been previously reported.

Full details of the billionaires’ efforts to raise funds, such as how much each donor had potentially pledged, were not immediately available. One source said the group had pooled the full amount originally due Monday. It was not clear whether the mega-donors would offer to help fund the new bond. Paulson and Hamm are both involved in an upcoming campaign fundraiser for Trump that is unrelated to the efforts around the bond. An invitation shows Paulson listed as a host and Hamm serving as a co-chair.

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