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Home News World News United States

Ex-White House adviser Steve Bannon arrested, charged with fraud

Investigators at the US Southern District of New York are accusing Bannon of defrauding hundreds of thousands of donors out of millions of dollars via his "We Build the Wall" campaign.

by  i24NEWS and ILH Staff
Published on  08-21-2020 09:57
Last modified: 08-21-2020 10:59
Ex-White House adviser Steve Bannon arrested, charged with fraudAFP/Joe Raedle

Steve Bannon | File photo: AFP/Joe Raedle

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Former senior White House adviser Steve Bannon was arrested on Thursday after New York prosecutors indicted him on fraud charges, according to NBC News.

Investigators at the US Southern District of New York are accusing Bannon of defrauding hundreds of thousands of donors out of millions of dollars via his "We Build the Wall" campaign.

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They allege that Bannon, along with a group of politically conservative associates, stole "more than $25 million" on the promise "to build a wall along the southern border of the United States."

NBC News reported that Timothy Shea, who in May was announced as the Acting Administrator of Drug Enforcement Administration, Iraq war veteran Brian Kolfage, and Andrew Badolato were also indicted for their part in the alleged scheme.

After helping Donald Trump win the White House in the 2016 presidential election, Bannon was unceremoniously fired by the president in late 2017 after leveling a number of explosive accusations against Donald Trump and his family in Michael Wolff's best-selling book "Fire and Fury."

"Steve Bannon has nothing to do with me or my presidency," Trump said in a statement at the time of his sacking.

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"When he was fired, he not only lost his job, he lost his mind. Steve was a staffer who worked for me after I had already won the nomination by defeating 17 candidates, often described as the most talented field ever assembled in the Republican party."

This article was originally published by i24NEWS.

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