Former Trump adviser and ally Steve Bannon charged with financial fraud

First Amendment:

In an indictment published this Thursday, September 8, Steve Bannon is indicted on charges of money laundering, conspiracy and fraud in a case related to construction of the wall on the border with Mexico, announced by Donald Trump in 2016. Bannon, 68, pleaded not guilty, He described the accusations as “ridiculous”. He was released without bail.

A former adviser to Donald Trump, Steve Bannon, was charged Thursday in New York City with financial fraud in a money laundering and embezzlement case related to the construction of a wall between the United States and Mexico.

The charges relate to the same facts alleged against him in an earlier federal indictment, which was dismissed after Trump pardoned Bannon before his term expired two years ago.

In August 2020, federal prosecutors charged Bannon and three other men with defrauding donors in a $25 million private fundraiser.

The fundraising campaign dubbed “We’re Building the Wall” was intended to fund the construction of the wall that Trump wanted along the country’s southern border, to keep immigrants out of the United States. Bannon pleaded not guilty to the charges before they were dropped.

According to the previous indictment, as well as the indictment released Thursday, the former Trump adviser hid the fact that he; The fundraiser’s CEO and third person, Andrew Badolato, was receiving hundreds of thousands of dollars in donor money. The CEO is identified in court documents as Brian Colvage, an Air Force veteran.

“Stephen Bannon acted as the architect of a multi-million dollar scheme to defraud thousands of donors across the country,” Attorney General Alvin Bragg said in a statement. “Making profits by lying to donors is a crime.”

See also  Andersen strengthens his presence in Canada

Trump’s presidential pardon does not affect the new case, as it covers federal charges but does not prevent government prosecutions.

According to Bannon, the accusations are politically motivated.

On Tuesday, Bannon claimed in a statement that the Prague attorney general “has now decided to file false charges against me, 60 days before the midterms,” ​​accusing the Democratic attorney general of targeting him via his radio show, which is popular with Trump supporters.

This latest development comes six weeks after Bannon was found guilty by a federal court in Washington of obstructing congressional investigative powers.

He had refused to cooperate with the congressional committee investigating the January 6, 2021 attack on Capitol Hill; The unprecedented attack by Donald Trump supporters who challenged Joe Biden’s victory in the 2020 presidential election.

Despite his dismissal as White House counsel in August 2017, Steve Bannon remained close to Donald Trump and spoke to him the day before the attack on Capitol Hill.


Two months before the midterm elections and two years before the November 2024 presidential election in which Donald Trump plans to run again as Republican president, the political climate in the United States is increasingly tense and more polarized.

Trump is the subject of multiple criminal and civil investigations, for his attempt to overturn the results of the November 2020 presidential election and his role in the violent assault on his supporters on January 6, 2021.

El sábado, en un acto de campaña en Pensilvania, el exmandatario llamó a Joe Biden “enemigo del Estado”, en respuesta a su sucesor demócrata, que el jueves pasadó lo describió como una “amenaza para la democracia” alma de para “el United State”.

With AP and AFP

Sacha Woodward

"Wannabe writer. Lifelong problem solver. Gamer. Incurable web guru. Professional music lover."

Leave a Reply

Your email address will not be published.

Back to top