Former Trump adviser Steve Bannon charged with fraud in border wall campaign

Discussion in 'Politics' started by wrbtrader, Aug 20, 2020.

  1. UsualName

    UsualName

    Almost every financial transaction in America passes through the SDNY. That gives that field office the most broad investigatory authority in the country.

    It’s not that they don’t investigate democrats because they do, it’s that the current administration has criminals all over the country committing crimes.
     
    #11     Aug 20, 2020

  2. If you raie funds and then use them for personal uses you committed a crime....



    WTF kind of justification are you providing...

    It is called fraud... plain and simple.....buying personal shit and lining your pockets are not personal expenses...it is fraud.
     
    #12     Aug 20, 2020
    Frederick Foresight and Cuddles like this.
  3. wrbtrader

    wrbtrader

    Steve Bannon was arrested by the Postal Service inspectors.

    https://www.vice.com/en_ca/article/4ayp4b/steve-bannon-just-got-indicted-for-fraud

    This is just a crazy story or weird twist to the story considering the USPS has been hot trending political news lately.

    wrbtrader
     
    #13     Aug 20, 2020
  4. VEGASDESERT

    VEGASDESERT


    I don't think its that cut and dry.

    If you're running some type of charitable donation organization you can pay yourself
    a salary. There are also expenses, and yes a promotional boat can be part of that.
     
    #14     Aug 20, 2020

  5. Leaders Of ‘We Build The Wall’ Online Fundraising Campaign Charged With Defrauding Hundreds Of Thousands Of Donors



    According to the Indictment[1] unsealed today in Manhattan federal court:

    Starting in approximately December 2018, BRIAN KOLFAGE, STEPHEN BANNON, ANDREW BADOLATO, and TIMOTHY SHEA, and others, orchestrated a scheme to defraud hundreds of thousands of donors, including donors in the Southern District of New York, in connection with an online crowdfunding campaign ultimately known as “We Build The Wall” that raised more than $25 million to build a wall along the southern border of the United States. In particular, to induce donors to donate to the campaign, KOLFAGE repeatedly and falsely assured the public that he would “not take a penny in salary or compensation” and that “100% of the funds raised . . . will be used in the execution of our mission and purpose” because, as BANNON publicly stated, “we’re a volunteer organization.”

    Those representations were false. In truth, KOLFAGE, BANNON, BADOLATO, and SHEA received hundreds of thousands of dollars in donor funds from We Build the Wall, which they each used in a manner inconsistent with the organization’s public representations. In particular, KOLFAGE covertly took for his personal use more than $350,000 in funds that donors had given to We Build the Wall, while BANNON, through a non-profit organization under his control (“Non-Profit-1”), received over $1 million from We Build the Wall, at least some of which BANNON used to cover hundreds of thousands of dollars in BANNON’s personal expenses. To conceal the payments to KOLFAGE from We Build the Wall, KOLFAGE, BANNON, BADOLATO, and SHEA devised a scheme to route those payments from We Build the Wall to KOLFAGE indirectly through Non-Profit-1 and a shell company under SHEA’s control, among other avenues. They did so by using fake invoices and sham “vendor” arrangements, among other ways, to ensure, as KOLFAGE noted in a text message to BADOLATO, that his pay arrangement remained “confidential” and kept on a “need to know” basis.


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    #15     Aug 20, 2020
  6. VEGASDESERT

    VEGASDESERT

    this seems fishy to me.

    a couple hundred thousand over the course of a few years perhaps??

    I mean come on now. Sure technically they may have been doing things
    wrong. But if they are spending a few thousand a month from the pot I don't think
    this is criminal in the slightest, just book keeping errors.
     
    #16     Aug 20, 2020
  7. VEGASDESERT

    VEGASDESERT

    Based on the above post, about 10K a month in expenses.


    The indictment is worded so it sounds sooooo horrible but in
    reality, again.. 10k a month expense all of them combined.

    Nothing to see here.

    Fake News!
     
    #17     Aug 20, 2020
  8. Bugenhagen

    Bugenhagen

    This the maybe the third time you have defended hand in the cookie jar as normal, never doing business with you! ;) thieving cunts.

    I have raised millions over the past 25 years for a hospice and never even took a penny for a taxi. Your sense of right and wrong is warped.
     
    #18     Aug 20, 2020
  9. VEGASDESERT

    VEGASDESERT

    Mark Cuban even finds Bannon respectable enough to have a pastrami sandwich with! :D:D:D

    mk.JPG
     
    #19     Aug 20, 2020
  10. Cuddles

    Cuddles

    Love the ball washers in here quick to defend criminals
     
    #20     Aug 20, 2020