BREAKING NEWS: Former Donald Trump advisor Steve Bannon has been arrested for fraud, in relation to a border wall “We Build the Wall” fundraising campaign.

Bannon and three others have been charged with defrauding donors of “more than $25 million to build a wall along the southern border of the United States,” according to a press release from prosecutors.

The US Postal Inspection Service helped in the investigation.

According to CNBC, the campaign promised donors to help Trump build a wall around the border. But, according to prosecutors, Bannon and his team profited from the donations.

Acting U.S. Attorney Audrey Strauss said  “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.  While repeatedly assuring donors that Brian Kolfage, the founder and public face of We Build the Wall, would not be paid a cent, the defendants secretly schemed to pass hundreds of thousands of dollars to Kolfage, which he used to fund his lavish lifestyle.  We thank the USPIS for their partnership in investigating this case, and we remain dedicated to rooting out and prosecuting fraud wherever we find it.”

This piece was written by Objectivist Staff on August 20, 2020. It originally appeared in Objectivist.co and is used by permission.

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