Steve Bannon was arrested and charged with fraud


Former Trump adviser Steve Bannon has been arrested Thursday. He was charged with fraud over the “We Build the Wall” fundraising campaign to build a wall on the US-Mexico border. The campaign raised $25m (£19m), the US Department of Justice (DoJ) said. Mr Bannon received more than $1m, at least some of which he used to cover personal expenses. Brian Kolfage, founder of “We Build the Wall,” took $350,000 for his personal use. Andrew Badolato and Timothy Shea also participated in the fraud.


Previously, he was a key architect of Donald Trump’s 2016 presidential election victory. Mr Trump said he felt “very badly” about Mr Bannon’s arrest. “This case should serve as a warning to other fraudsters that no one is above the law, not even a disabled war veteran or a millionaire political strategist,” DNY Inspector-in-Charge Philip R Bartlett said. All four defendants are charged with one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering, each of which carries a maximum penalty of 20 years in prison.