Sloppy Steve Bannon is arrested with three others in $25m border wall fundraiser fraud: Former President Trump adviser ‘ripped off “Build the Wall” donors to finance lifestyle of yachts and jets’ – as POTUS says he knows ‘nothing’ about ‘showboating’ wall scheme

  • Steve Bannon, once Donald Trump’s most trusted aide, is arrested on a 150-foot yacht off the Connecticut coast and is due in court accused of being part of massive fraud scheme
  • He is alleged to have ripped off the We Build The Wall scheme which planned to build a crowd-sourced border wall
  • They raised money claiming the idea was ‘Trump approved’ and took in $20 million on GoFundMe before being kicked off the platform, then $5m more
  • ‘Non-profit’ told hundreds of thousands of donors the people behind it were volunteers but secretly were being paid, feds say
  • Prosecutors in the Southern District of New York say he helped run scheme which funneled donations to its co-founders
  • Some of the cash has built sections of wall – and Donald Trump Jr. visited one of them in show of support
  • Bannon received $1 million and kept hundreds of thousands for his personal expenses
  • Massive amounts of cash went to Brian Kolfage, the triple amputee co-founder who prosecutors say spent it on his lavish lifestyle
  •  Kolfage used the money he received on home renovations, boat payments, an SUV, a golf cart, jewelry, cosmetic surgery, tax and credit card debt
  • His wife Ashley received cash too and posted on instagram about their lifestyle

Former President Donald Trump campaign strategist Steve Bannon was arrested Thursday and charged with defrauding hundreds of thousands of people as part of a group which promised to use private money to build a section of border wall, a signature issue of the president.

The We Build The Wall scheme raised $25 million to fund its own barriers in Texas and New Mexico, some of which have been built. The group’s online appeal for funds included a picture of President Trump and a stamp that said ‘Trump Approved.’ His son Don Jr. visited one section in Sunland Park, New Mexico, in July 2019.

But prosecutors say it was a scam: donors’ cash was also funneled to its founder Brian Kolfage and to Bannon.

Bannon, who helped steer Trump’s campaign then joined him in the White House in 2017 as chief strategist only to be forced out, is accused of getting $1 million in the alleged scheme, spending hundreds of thousands of that on ‘expenses.

He was arrested on a 150-foot yacht off the coast of Westport, Connecticut, NBC News reported.

The group’s founder, Kolfage, is also accused of fraudulently pocketing funds. He claimed he did not get a cent from the scheme but instead got $100,000 up front and $20,000 a month salary, prosecutors allege, living a lavish lifestyle at Miramar Beach in the Florida panhandle.

Kolfage, an Iraq war veteran who had both legs amputated and lost his right arm in a rocket attack, was arrested at his home in Florida.

At the White House Trump denied knowing anything about the scheme and tried to distance himself from his former campaign manager.

‘I feel very badly. I haven’t been dealing with him for a very long period of time,’ he said in the Oval Office, adding: ‘I haven’t been dealing with him at all. It’s a very sad thing by Mr. Bannon.’

‘He was involved in our campaign and for a small part of our administration.’ In fact Bannon was the campaign CEO for its last 88 days after the ousting of Paul Manafort – who is now a convicted felon himself –  and then was Trump’s ‘Chief Strategist,’ with a West Wing office close to the Oval Office.

He also tried to distance himself from the scheme despite its ties to his inner circle, saying: ‘I don’t like that project. I thought it was being done for showboating reasons. It was something I very much thought was inappropriate to be doing.’

The stunning indictment of a top former Trump advisor comes on Day Four of the Democratic convention, when Joe Biden is set to speak.

‘No one needed a federal indictment to know that Steve Bannon is a fraud,’ said Biden deputy campaign manager Kate Bedingfield on a conference call with reporters.

Trump, she said, ‘has consistently used his office to enrich himself, his family and his cronies, so is it really any surprise that yet another one of the grifters he surrounded himself with and placed in the highest levels of government was just indicted? Sadly, it is not.’

The investigation did not involve the FBI – bu….

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I made my name because my hubs is a Locomotive Engineer on the Railroad for over 45  years now.  It’s funny how it fits right into the TRUMP TRAIN.  I am one of God’s many Children trying my best daily to live by God’s Word.  I have many hobbies on the computer and off the computer.  God Bless!

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