Prosecutors allege Bannon spent hundreds of thousands of dollars of donor funds on his personal expenses.
Steve Bannon, a former senior White House adviser to President Donald Trump, has been arrested and charged along with three other men for swindling donors who supported a private effort to build sections of wall along the U.S.-Mexico border.
Bannon and the other men were indicted by a federal grand jury in New York on charges of conspiracy to commit wire fraud and money laundering in connection with their roles in the non-profit group “We Build the Wall.”
Prosecutors allege that Bannon, 66, diverted $1 million raised by the group to another organization he controlled and spent hundreds of thousands of dollars of donor funds on his personal expenses. Also charged in the two-count conspiracy indictment: activists Brian Kolfage, Andrew Badolato and Timothy Shea.
Bannon, who was Trump’s de facto campaign manager during the latter months of the 2016 presidential race and served as chief strategist in the White House through August 2017, is expected to appear before a federal magistrate in New York later Thursday, prosecutors said.
The investigation into the border wall group with strong connections to Trump allies had been a closely-held secret, and its stunning emergence Thursday — four days before the opening of the Republican National Convention — seems likely to provoke the president, who has accused opponents of trying to create distractions around the quadrennial nominating event.
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