Steve Bannon Charged With Fraud and Money Laundering for Pocketing Border Wall Funds

Other right-wing activists were also charged with defrauding hundreds of thousands of donors.

Former Donald Trump campaign chairman and White House adviser Steve Bannon in Paris, France, last year.Lewis Joly/AP

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Federal prosecutors have charged Steve Bannon and other right-wing activists with defrauding hundreds of thousands of people who donated money to build a private border wall.

In an indictment unsealed Thursday, the US Attorney’s Office for the Southern District of New York charged Bannon, Donald Trump’s former campaign chairman and White House adviser, and three others with conspiracy to commit money laundering and conspiracy to commit wire fraud. US Postal Service agents arrested Bannon on Thursday, CBS News reported.

Acting US Attorney Audrey Strauss said in a statement, “As alleged, the defendants defrauded hundreds of thousands of donors, capitalizing on their interest in funding a border wall to raise millions of dollars, under the false pretense that all of that money would be spent on construction.”

As part of an effort called “We Build the Wall,” the defendants crowdfunded more than $25 million to build a private wall along the border with Mexico. In doing so, they repeatedly assured donors that none of the money would go to the salary of Brian Kolfage, the public face of the campaign.

Instead, Bannon helped secretly pay Kolfage hundreds of thousands of dollars while also taking more than $1 million for himself through a nonprofit, according to the indictment. Kolfage allegedly used his money to pay for, among other things, a golf cart, a boat, and cosmetic surgery.

 

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In "News Never Pays," our fearless CEO, Monika Bauerlein, connects the dots on several concerning media trends that, taken together, expose the fallacy behind the tragic state of journalism right now: That the marketplace will take care of providing the free and independent press citizens in a democracy need, and the Next New Thing to invest millions in will fix the problem. Bottom line: Journalism that serves the people needs the support of the people. That's the Next New Thing.

And it's what MoJo and our community of readers have been doing for 47 years now.

But staying afloat is harder than ever.

In "This Is Not a Crisis. It's The New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, why this moment is particularly urgent, and how we can best communicate that without screaming OMG PLEASE HELP over and over. We also touch on our history and how our nonprofit model makes Mother Jones different than most of the news out there: Letting us go deep, focus on underreported beats, and bring unique perspectives to the day's news.

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