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Steve Bannon arrested and charged with fraud – Axios

By Thomas A. Smith

Former Trump administration chief strategist Steve Bannon was charged on Thursday with fraud by federal prosecutors in New York and taken into custody.

The state of play: Bannon, along with three others, allegedly defrauded donors out of hundreds of thousands of dollars for their own profit with a crowdfunding campaign called “We Build the Wall” that raked in over $25 million.

  • The indictment says that Bannon, via a non-profit, took in over $1 million from the scheme “and at least some of it was used to cover hundreds of thousands of dollars in [his] personal expenses.”
  • Bannon’s co-conspirators are Brian Kolfage, who served as the organization’s founder and president, Andrew Badolato and Timothy Shea.
  • Kolfage deleted the organization’s GoFundMe page on Wednesday, alleging that the platform was engaged in “censorship” after it shut down another of his campaigns centered on suing Black Lives Matter.

via www.axios.com