Steve Bannon arrested charged With Misusing Donations For Trump’s Border Wall

Steve Bannon arrested charged With Misusing Donations For Trump’s Border Wall

Steve Bannon Ex-Trump adviser arrested

 

Steve Bannon, former political adviser to President Trump, has been arrested along with three others in connection with an online fundraising program which NY federal prosecutors say is responsible for the fraud of hundreds of thousands of people .

Bannon and the other three defendants are said to have orchestrated a plan for an online crowdfunding campaign called “We Build the Wall,” which raised more than $ 25 million, prosecutors said. The campaign was heralded as an effort to build sections of the wall along the US-Mexico border and support maintenance operations.

“Acting US Attorney for the Southern District of New York,” said Audrey Strauss.

Authorities said Bannon was arrested this morning on a 152-foot yacht off Westbrook, Connecticut.

Steve Bannon, former political adviser to President Trump, has been arrested along with three others in connection with an online fundraising program which NY federal prosecutors say is responsible for the fraud of hundreds of thousands of people .

Steve Bannon and the three other defendants are said to have orchestrated a plan for an online crowdfunding campaign called “We Build the Wall,” which raised more than $ 25 million, prosecutors said. The campaign was heralded as an effort to build sections of the wall along the US-Mexico border and support maintenance operations.

“Acting US Attorney for the Southern District of New York,” said Audrey Strauss.

Authorities said Bannon was arrested this morning on a 152-foot yacht off Westbrook, Connecticut.

Kolfage began raising funds through the GoFundMe website in December 2018. Court records indicate the campaign raised funds to build a wall along the southern border between the United States and Mexico.

In the first week, he raised $ 17 million, and the founders say all the money will go to help build the wall.

According to court documents, the campaign attracted scrutiny as soon as questions arose about Colvage’s background. GoFundMe suspended him shortly after and warned Kolfage that he would not return the money raised – more than $ 20 million – unless he determined that a nonprofit group would receive the funds.

According to the indictment, the four men used false accounts and bills to cover their plot.

“While donors have repeatedly assured that Brian Colvage, the founder and public face of We Build the Wall, will not receive a single penny, the defendants have secretly planned to transfer hundreds of thousands of dollars to Kolfage, who ‘he used to finance his lavish lifestyle, Strauss said.

Steve Bannon – who publicly referred to “We are building the wall” as a “voluntary organization” – reportedly received more than $ 1 million from the organization through a nonprofit he controls, and ” at least some of it was used to cover hundreds of thousands of dollars in personal expenses. ” According to the indictment.

Each of the four men has been charged with conspiracy to commit wire fraud, and one has been charged with conspiracy to commit money laundering, and each is punished with up to 20 years in prison.

Steve Bannon was a senior advisor to the Trump campaign in 2016 and, following the presidential inauguration, he served as chief strategist in the White House.

reported by npr

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