Former White House chief strategist Steve Bannon was arrested on Thursday after being charged with defrauding hundreds of thousands of donors through his “We Build the Wall” fundraising campaign.
Bannon and three of his associates were indicted by investigators for the Southern District of New York. Prosecutors allege that the group of conservatives defrauded donors, by raising “more than $25 million to build a wall along the southern border of the United States,” but some of that money was used for personal gain, according to the press release.
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Bannon was arrested early Thursday on a two-count indictment unsealed in Federal District Court in Manhattan. He was expected to appear before a U.S. magistrate judge in New York later in the day.
According to federal authorities, Bannon, hatched the plot to defraud donors to the build-the-wall campaign with three other men: Brian Kolfage, 38, an Air Force veteran from Miramar Beach, Fla.; Andrew Badolato, 56, a financier from Sarasota, Fla.; and Timothy Shea, 49, of Castle Rock, Colo.
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CNBC.com
