Steve Bannon was charged with fraud

PRAGUE, CZECH REPUBLIC - MAY 22: Steve Bannon, former White House Chief Strategist to U.S. President Donald Trump, attends a debate with Lanny Davis, former special counsel to Bill Clinton, at Zofin Palace on May 22, 2018 in Prague, Czech Republic. The debate, moderated by former Czech ambassador to the U.S. Alexandr Vondra, was over the current course of America and was sponsored by Czechoslovak Group, a holding company of Czech and Slovak defense industry companies. (Photo by Sean Gallup/Getty Images)

Steve Bannon, Trump’s former campaign adviser, was charged today with defrauding donors in a border wall fundraising campaign.

Bannon and three other people —Brian Kolfage, Andrew Badolato, and Timothy Shea — were indicted for allegedly using hundreds of thousands of dollars, donated to an online crowdfunding campaign called We Build the Wall, for personal expenses among other things.

The charges: All four of the defendants are charged with one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering.

About Bannon’s arrest: Bannon, 66, was arrested on a boat Thursday off the Eastern coast of Connecticut according to a law enforcement official. Bill Burck, an attorney for Bannon, declined to comment.
Bannon’s relationship with Trump: Bannon was once an influential voice inside the White House as Trump’s chief strategist, until he was ousted by the President in August 2017. He had helped run Trump’s 2016 presidential campaign and was credited as a driving force behind Trump’s populist appeal, nationalist ideology and controversial policies. Trump fired him in 2017, and the two had a falling-out in 2018 after Bannon was quoted calling an infamous 2016 meeting of a Russian lawyer and Trump campaign officials “treasonous.”

What happens next: Bannon will make his initial court appearance in New York later Thursday, according to the US attorney’s office.

Charges here
steve bannon indictment 2020



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