Conservative political strategist Steve Bannon surrendered to the Manhattan District Attorney's Office on Thursday to face charges that he stole and laundered hundreds of thousands of dollars from his crowdfunding website, WeBuildTheWall, Inc., in 2020. Thursday's charges cover the same alleged conduct that triggered a federal indictment against Bannon and two of his associates in August 2020. Then-President Donald Trump pardoned his former campaign director in the waning days of his administration, but federal pardons do not apply to charges brought at the state level. Two of Bannon's alleged co-conspirators, Brian Kolfage and Andrew Badolato, pleaded guilty to a federal...
Steve Bannon, U.S. President Donald Trump’s former campaign director, has been charged with money laundering conspiracy after allegedly using a nonprofit to layer more than $1 million that he and others illegally diverted from a politically charged crowdfunding campaign.
Anti-money laundering staff operate in a gray area when deciding whether and how to serve suspected or convicted criminals who receive federal clemency, such as former President Donald Trump's campaign adviser Steve Bannon.
print