Former Trump Adviser Steve Bannon Arrested On Fraud Charges In Border Wall Fundraising Campaign

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Political strategist and President Donald Trump’s former adviser Steve Bannon was charged with criminal fraud Thursday by the U.S. Attorney’s Office for the Southern District of New York (SDNY) and arrested for his role in a crowdfunding campaign to fund President Donald Trump’s proposed border wall dividing the U.S. and Mexico. In a press release, the SDNY alleged that, starting in December 2018, Bannon and his associates launched a scheme to defraud hundreds of thousands of contributors, including donors within the SDNY’s jurisdiction. The scheme involved the crowdfunding campaign “We Build the Wall,” which took in more than $25 million in donations. Although the defendants assured the public that “100 percent” of the funds would go toward the project, the indictment alleges Bannon collected over $1 million from the campaign. His associate Kolfage allegedly took some $350,000 of the funds raised for personal use.

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