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
France Dernières Nouvelles,France Actualités
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Halifax police investigating Monday morning Dartmouth death as suspicious | SaltWire #newsupdate - Some major Republican donors were working together to help U.S. presidential candidate Donald Trump fund the original bond amount needed to cover his $454 million civil fraud judgment ahead of Monday's deadline, three sources briefed on the matter told Reuters.

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.

It also highlights how big donor money is playing a potentially different role in this presidential election as Trump faces a major financial squeeze amid multiple legal judgments and expenses. Trump has talked about selecting Paulson as his Treasury secretary should he win the presidency, according to a separate source briefed on the matter.There is no obligation to disclose the origins of funds obtained for a bond.

Donors helping to pay for Trump's bonds could draw scrutiny from election regulators or federal prosecutors if the benefactors were to give Trump amounts exceeding campaign contribution limits.

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