Thursday, August 20, 2020

Steve Bannon Charged With Misusing Donations For Trump's Border Wall

Steve Bannon, President Trump's former political adviser, has been arrested alongside three other people in connection with an online fundraising scheme that federal prosecutors in New York say was responsible for defrauding hundreds of thousands of people.

Bannon and the three other defendants are alleged to have orchestrated a scheme around an online crowdfunding campaign called "We Build The Wall" which has raised over $25 million, according to prosecutors. The campaign was advertised as an effort to build portions of the wall along the U.S.-Mexico border and support maintenance operations.

Also named in the indictment is Brian Kolfage, the founder and president of We Build the Wall, Andrew Badolato and Timothy Shea. Kolfage is an Air Force veteran who lost both of his legs and his right arm while on deployment in Iraq in 2004.

According to the indictment, the four men allegedly used sham invoices and accounts to cover their scheme.

 The four men are each charged with one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering, each of which carries a maximum penalty of 20 years in prison.

Bannon was a top adviser to the Trump campaign in 2016 and following the president's inauguration, went on to serve as White House chief strategist.

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