Steve Bannon, President Trump’s former adviser, has been charged with fraud over a fundraising campaign designed to raise funds for building a wall on the US-Mexico border.
According to DoJ (the US Department of Justice), Bannon along with three others defrauded thousands of dollars under the “We Build the Wall” campaign which has already raised $25 million.
A report revealed that Bannon got more than $1 million, as personal expenses. Probably, this made him enter the court with no guilt.
At present, Bannon has been released on bail. He was one of the key architects of Trump’s 2016 election win. Bannon was the one who handled Trump’s “America First” campaign during those days.
On his arrest, President Trump said that he felt “very badly” about what happened. He also clarified that he had no involvement in “We Build the Wall”. Source: BBC.
Further, Mr. Trump continued and stated- “I said, ‘This is for government; this isn’t for private people’ – and it sounded to me like showboating and I think I let my opinion be very strongly stated at the time,” Source: BBC.
The US Attorney for the Southern District of New York, Audrey Strauss said Brian Kolfage, Mr. Bannon, Timothy Shea, and Andrew Badolato had “defrauded hundreds of thousands of donors, capitalising on their interest in funding a border wall to raise millions of dollars, under the false pretence that all of that money would be spent on construction”. Source: BBC.
Further, DoJ revealed that Mr. Bannon got up to $1m via non-profit entities that he has been managing, at least some of which he used to cover “hundreds of thousands of dollars in Bannon’s personal expenses”, Source: BBC.
The statement claims that Mr. Kolfage, the founder of “We Build the Wall” took $350,000 as his personal use.
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