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In reply to the discussion: Bannon Arrested [View all]Princess Turandot
(4,787 posts)19. Link to the SDNY's press release and the indictment:
https://www.justice.gov/usao-sdny/pr/leaders-we-build-wall-online-fundraising-campaign-charged-defrauding-hundreds-thousands
PDF:
https://www.justice.gov/usao-sdny/press-release/file/1306611/download
...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, were 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 organizations 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 BANNONs 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 SHEAs 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.
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, were 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 organizations 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 BANNONs 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 SHEAs 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.
PDF:
https://www.justice.gov/usao-sdny/press-release/file/1306611/download
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If he was planning on speaking remotely, he still can from his jail cell, in prison orange....
George II
Aug 2020
#17
Bannon can speak remotely and in coded language, send a question to Alexandre Dugin:
Eyeball_Kid
Aug 2020
#24
The guy owns the rights to Seinfeld syndication. How much more money could he need???
marble falls
Aug 2020
#14
Well does anyone have a mug shot, with him wearing flip flops and orange suit
turbinetree
Aug 2020
#21