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Steve Bannon Pleads Not Guilty
(New York, NY) — Steve Bannon is pleading not guilty in federal court in lower Manhattan this afternoon. President Trump’s former campaign chief appeared via video on charges of fraud. He’s among four people charged with bilking donors of the “We Build the Wall” fundraiser out of hundreds-of-thousands-of-dollars. Bannon was arrested this morning on board his yacht off the coast of Connecticut. Assistant U.S. Attorney Nicholas Roos [[ Rose ]] says that Bannon is getting a 5-million-dollar bond secured by one-point-seven-five million in cash or real property that Bannon must post by September 3rd.
Bannon can be released as early as today, but cannot use private jets or yachts to travel and must surrender his passport because he is not allowed to travel internationally. In addition, he cannot talk to the other people charged today, he is limited in travel to the D.C. area, New York area, and Connecticut.
(New York, NY) — Former Trump Campaign manager and White House adviser Steve Bannon and three others are being indicted for illegally funneling money from a crowd sourcing project to build a border wall. Prosecutors in Manhattan say the defendants defrauded hundreds of thousands of Americans who contributed to the “We Build The Wall” project where they promised 100-percent of the money would be spent on building a wall between the U.S. and Mexico. Prosecutors claim the four men took hundreds of thousands of dollars of funds from the 25-million raised. They also claim they took steps to hide the money they took, including creating false invoices.
The other men indicted are Brian Kolfage, Andrew Badolato and Timothy Shea. The U.S. Attorney’s Office for the Southern District of New York is prosecuting the case.
Ken Sain Copyright © 2020 TTWN Media Networks Inc.
