Steve Bannon's Border Wall Fundraising Scam
Former advisor to Donald Trump, Steve Bannon, avoids jail time after pleading guilty to fraud for his border wall fundraising scheme. He was sentenced to three years of conditional discharge. Bannon made false promises to Trump supporters that their donations would go toward building a wall on the US-Mexico border, raising over $20 million, with the money going into the pockets of organizers. Bannon cannot work for a charity or not-for-profit group in New York state and is prohibited from holding assets for charitable organizations.
Key Points
- Bannon avoided jail time with a three-year conditional discharge sentence
- He cannot work for a charity or not-for-profit group in New York state
- Bannon is prohibited from holding assets for charitable organizations
Cons
- Bannon defrauded Trump supporters by falsely promising their donations would go toward building a border wall
- Money raised in the scheme went into the pockets of Bannon and other organizers
- Bannon faced up to 15 years in prison if convicted on all counts