Steve Bannon was arrested and charged with fraud

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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.

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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.