Don Hankey
The Bureau also found that the companies unlawfully disclosed information about borrowers’ debts to employers, family, and friends.In some cases, the companies changed the due dates or extended the terms of loans without borrowers’ permission, causing more interest to accrue, while telling consumers that the extensions would have a positive effect.In November 2024, Hankey beat a labor union appeal made by Supporters Alliance for Environmental Responsibility, which called for a halt to the building of a 163-unit apartment complex in the Los Angeles Koreatown area, arguing that the project should face more scrutiny under the California Environmental Quality Act.[10] In September 2022, Westlake Financial agreed to pay more than $225,000 to resolve allegations that it violated the Servicemembers Civil Relief Act (SCRA) by failing to provide qualified servicemembers with interest rate benefits for the entire period required under the SCRA and by improperly delaying approval of interest rate benefit requests.[16] He owns Knight Insurance Group and is chairman of Knight Specialty Insurance Company, which issued the $175 million bond Donald Trump posted in April 2024 to stay enforcement of a judgment for $464 million plus interest while he appeals it in a civil fraud case.