Steve Bannon charged with fraud over crowdfunded border wall

[truebluefan]

President Donald Trump’s former adviser Steve Bannon and three others were arrested and are charged with fraud over a crowdfunded wall along the US-Mexico border. The “We Build the Wall” campaign collected over $25 million to construct the border wall proposed by President Donald Trump. But prosecutors claim that Bannon, We Build the Wall founder Brian Kolfage, and their associates Andrew Badolato and Timothy Shea funneled hundreds of thousands of dollars toward personal expenses.

The recently unsealed case alleges that Bannon and others broke repeated promises to put “100 percent” of donations toward the wall. The group secretly arranged private payments through a nonprofit, giving Kolfage $100,000 within months of starting fundraising. While claiming the funds went toward social media expenses, they allegedly diverted $350,000 to Kolfage — money Kolfage allegedly used to buy a boat (apparently named “Warfighter”), a luxury SUV, and cosmetic surgery.

Read more https://www.theverge.com/2020/8/20/...ed-border-wall-fraud-money-laundering-charges