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08/20/2020, 03:25:10
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Former Trump advisor Steve Bannon arrested on charges of defrauding donors in fundraising scheme
Published Thu, Aug 20 20209:38 AM EDTUpdated 5 Min Ago
Brian Schwartz
@schwartzbCNBC
- Investigators allege that the group of conservative leaders defrauded donors and that led to raising “more than $25 million to build a wall along the southern border of the United States,” according to the press release.
- The campaign was intended to raise money to help President Donald Trump fulfill a campaign promise of building a border wall along the border. Instead, prosecutors allege, that Bannon and his team profited off of the arrangement.
- Prosecutors claim that the defendants “collectively received hundreds of thousands of dollars in donor funds from ‘We Build the Wall,’ which they each used in a manner inconsistent with the organization’s public representations,” according to the indictment.
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. .......... Related link: CNBC - Former Trump advisor Steve Bannon arrested on charges of defrauding donors in fundraising scheme
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