• Breaking News
  • U.S. News
  • Contact
  • View Print Edition
    • CL Digital
  • Subscribe
Tuesday, January 31, 2023
  • Login
No Result
View All Result
Advertise with us
The Chicago Leader
Donate Now
  • Home
    • Events
    • Subscribe to the print newspaper
    • Scavenger Hunt Contest
    • Download Media Kit PDF
    • Ad submission
    • Sponsors
  • World
    New Laws

    New Laws Begin Next Year in Illinois

    Real Issues

    Real Issues in the K-Pop Industry

    China

    China Protests Against COVID and Lack of Freedom

    Trending Tags

    • Breaking News
    • Health
    • Coronavirus
    • coronavirus pandemic
  • U.S. News
    • All
    • Black History
    • Chicago
    • Illinois
    Lakesia

    Lakesia Collins the Superhero of the West Side

    youth

    AMBER-ALERT Missing Youth in Chicago

    Lightfoot

    The Lightfoot Campaign Might Be Investigated

    Trending Tags

    • U.S.
    • U.S. Census
    • Politics
  • Business
    • All
    • Jobs
    Phalanx

    January’s Letter From Phalanx Family Services’ CEO

    Chicago

    Chicago Is Home to Restaurant’s With High-Grossing in All America

    Tre'byen

    Branding With Tre’byen Sets New Standards

    Trending Tags

    • Wall Street
    • Trump
    • Bankruptcy
    • Federal Reserve Bank
  • Technology
  • Entertainment
    • All
    • Arts
    • Book Review
    • Chicago Film Office
    • Gaming
    • Movie
    • Music
    • Review
    renner

    Jeremy Renner Receives Love From Fans After Tragic Snowplow Accident

    avatar

    ‘Avatar 2’ Crosses $1 Billion Mark at Global Box Office

    White

    Earth, Wind & Fire Drummer, Fred White, Dies at 67

    Trending Tags

    • Movies
    • marvel movies
    • Dancing
  • Sports
  • Science
    • All
    • CBD
    • Climate
    • Marijuana
    Exoplanet

    Exoplanet 55 Cancri E Has 17.5 Hour Year

    Dangers

    Dangers of Smoking Tobacco

    Breast Cancer

    Breast Cancer Awareness Month Is in October

    Trending Tags

    • UFO
    • Coronavirus
    • Novel coronavirus
    • coronavirus pandemic
    • NASA
    • scientists
  • Health
    • All
    • COVID-19
    • Faith
    • food
    • homeopathy
    • mental health
    • prostate
    Procrastination

    The Truth About Procrastination

    ADHD

    Those With ADHD or ASD Are More Likely to Suffer Anxiety, Depression

    COVID

    CPS Asks Students to Take COVID Test Before Returning

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • English
  • Spanish
  • Home
    • Events
    • Subscribe to the print newspaper
    • Scavenger Hunt Contest
    • Download Media Kit PDF
    • Ad submission
    • Sponsors
  • World
    New Laws

    New Laws Begin Next Year in Illinois

    Real Issues

    Real Issues in the K-Pop Industry

    China

    China Protests Against COVID and Lack of Freedom

    Trending Tags

    • Breaking News
    • Health
    • Coronavirus
    • coronavirus pandemic
  • U.S. News
    • All
    • Black History
    • Chicago
    • Illinois
    Lakesia

    Lakesia Collins the Superhero of the West Side

    youth

    AMBER-ALERT Missing Youth in Chicago

    Lightfoot

    The Lightfoot Campaign Might Be Investigated

    Trending Tags

    • U.S.
    • U.S. Census
    • Politics
  • Business
    • All
    • Jobs
    Phalanx

    January’s Letter From Phalanx Family Services’ CEO

    Chicago

    Chicago Is Home to Restaurant’s With High-Grossing in All America

    Tre'byen

    Branding With Tre’byen Sets New Standards

    Trending Tags

    • Wall Street
    • Trump
    • Bankruptcy
    • Federal Reserve Bank
  • Technology
  • Entertainment
    • All
    • Arts
    • Book Review
    • Chicago Film Office
    • Gaming
    • Movie
    • Music
    • Review
    renner

    Jeremy Renner Receives Love From Fans After Tragic Snowplow Accident

    avatar

    ‘Avatar 2’ Crosses $1 Billion Mark at Global Box Office

    White

    Earth, Wind & Fire Drummer, Fred White, Dies at 67

    Trending Tags

    • Movies
    • marvel movies
    • Dancing
  • Sports
  • Science
    • All
    • CBD
    • Climate
    • Marijuana
    Exoplanet

    Exoplanet 55 Cancri E Has 17.5 Hour Year

    Dangers

    Dangers of Smoking Tobacco

    Breast Cancer

    Breast Cancer Awareness Month Is in October

    Trending Tags

    • UFO
    • Coronavirus
    • Novel coronavirus
    • coronavirus pandemic
    • NASA
    • scientists
  • Health
    • All
    • COVID-19
    • Faith
    • food
    • homeopathy
    • mental health
    • prostate
    Procrastination

    The Truth About Procrastination

    ADHD

    Those With ADHD or ASD Are More Likely to Suffer Anxiety, Depression

    COVID

    CPS Asks Students to Take COVID Test Before Returning

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • English
  • Spanish
No Result
View All Result
Chicago Leader
No Result
View All Result

Steve Bannon Arrested Charged With ‘We Build the Wall’ Fraud

by Cathy Milne-Ware
October 30, 2020
in Breaking News, U.S. News
0
bannon
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter
Don't like to read?

Steve Bannon is indicted for defrauding donors of hundreds of thousands of dollars collected for We Build the Wall Inc. On Aug. 20, 2020, the New York federal prosecutors office indicted the quartet.

The build-the-wall project was billed as a volunteer organization, that ultimately raised over $25 million. Donors were promised that 100 percent of the funds raised would be used to execute their mission and purpose according to court records.

bannon

Sixty-six-year old Bannon conspired to defraud donors along with 38-year-old Kolfage from Miramar Beach, Fla., and two other men: 56-year-old financier from Sarasota, Fla. Andrew Badolato, and 49-year-old Timothy Shea from Castle Rock, Colo.

They are formally charged with fraudulently diverting donations for their personal use. Bannon funneled more than $1 million through a non-profit to pay Brian Kolfage and to cover personal expenses. Money was also routed through “a shell company that Shea controlled.”

Indictment records report a  confidential agreement between Bannon, Kolfage, and Badolato in which Kolfage would receive $100 thousand upfront with 20,000 each month. The indictment reveals Kolfage personally used more than $350 thousand.

The four men are charged with one count each — conspiracy to commit wire fraud and conspiracy to commit money laundering, according to CNN.

To maintain their cover, they launched wall projects in New Mexico and Texas. The structures were built on private land which for the most part shielded the group’s activities from authorities.

Shortly after the announcement of Bannon’s arrest, Donald Trump claims he thought the project was showboating. ‘I didn’t like the project. I don’t know the others involved. It’s really too bad for Steve.”

Written by Cathy Milne-Ware

Sources:

CNN: Steve Bannon, three others charged with fraud in border wall fundraising campaign; Veronica, Geneva Sands, and Evan Perez

The New York Times: Steve Bannon Is Charged With Fraud in ‘We Build the Wall’ Campaign; Alan Feuer

MSNBC: Trump Distances Himself From Steve Bannon, Calls Arrest ‘A Very Sad Thing [Video]

Featured Image Courtesy of Michael Vadan’s Flickr Page – Creative Commons License

Inset Image Courtesy of Mike Licht’s Flickr Page – Creative Commons License

Tags: #CMJournalistBannonDonald TrumpFederal Court
Cathy Milne-Ware

Cathy Milne-Ware

Next Post
Kentucky

Kentucky Politicians Struggle to Get It Right With COVID

Recent Posts

  • Lakesia Collins the Superhero of the West Side
  • AMBER-ALERT Missing Youth in Chicago
  • Patricia Ezeanyim Bio

Newsletter

Loading
No Result
View All Result
  • About
  • Ad submission
  • Contact
  • Team
  • Terms and Conditions
  • Privacy Policy
  • Sitemap
  • FAQ
  • Mission

© 2018 TNS - TNS theme by Frackle TNSthemes.

No Result
View All Result
  • Home
  • Politics
  • World
  • Business
  • Science
  • Entertainment
  • Gaming
  • Movie
  • Music
  • Sports
  • Health and Lifestyle
  • View Print Edition
  • Subscribe to the print newspaper
  • Contact

© 2018 TNS - TNS theme by Frackle TNSthemes.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Support independent local journalism by subscribing to the Chicago Leader print
and digital publication for just $15 a year.

Subscribe Now