Factz

Steve Bannon Stole a Lot of People’s Money, and He’s Now in Custody For It

Donald Trump ally Steve Bannon has long been in the public eye for his time as Trump’s right-hand man.

But now, he’s facing hard time in prison. The former Trump aide surrendered to authorities early Thursday on charges relating to money laundering, conspiracy and fraud in regard to his “We Build the Wall, Inc.” non-profit.

According to authorities, Bannon convinced people to donate money for a campaign to build a wall at the Southern border of the United States.

Charges filed against Bannon by New York Attorney General Letitia James and Manhattan District Attorney Alvin Bragg mirror those he was federally charged with in 2020. Then-President Trump pardoned Bannon for those charges, but the new ones come on the state level and the pardon does not apply.

A grand jury filed charges against Bannon and his non-profit that include two counts of money laundry in the second degree, two counts of Conspiracy in the fourth degree, one count of Scheme to Defraud in the first degree, and one count of Conspiracy in the fifth degree.

James’ office said of the arrest in a statement that Bannon and his business engaged in, “a year-long fundraising scheme in which they defrauded thousands of donors across the country out of more than $15 million to line their own pockets, and then laundered the proceeds to further advance and conceal the fraud”

Bannon could face 5 to 15 years in prison if convicted.



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