Steve Bannon faces state indictment in New York, expected to surrender Thursday


The state charges returned in the indictment are based on the same conduct Bannon was indicted by federal prosecutors in 2020. Then-President Donald Trump pardoned Bannon for federal fraud charges related to the alleged scheme as he resigned. The presidential pardon does not apply to state investigations.

After the pardon, the Manhattan District Attorney’s Office launched an investigation into Bannon and a crowd-funding campaign called “We Build The Wall.”

Bannon issued a statement late Tuesday, calling the indictment “a false accusation” and, in part, “no more than a partisan political weaponization of the criminal justice system.”

“I am proud to be a leading voice in defending our borders and building a wall to protect our country from drugs and thugs.” We haven’t started the fight yet. They have to kill me first.

His attorney declined to comment to CNN.

As CNN previously reported, federal prosecutors for the US Attorney’s Office for the Southern District of New York said: indicted Bannon and three otherswhich claimed to have defrauded donors in its border wall efforts, raised more than $25 million.

Bannon was charged with misappropriating more than $1 million to pay alleged co-conspirators and cover hundreds of thousands of dollars in personal expenses. Prosecutors alleged that donors, including some in New York, were misrepresented that all donated money would be used for construction work.

Manhattan prosecutors subpoenaed bank records and have been working quietly over the past year as they probe Trump and his real estate business, a source familiar with the matter previously told CNN. However, the District Attorney’s Office has postponed a decision to indict Bannon until federal prosecutors have completed the case against his three co-defendants who were not pardoned.

In April, two alleged border wall co-conspirators, Brian Colfarge and Andrew Badlat, pleaded guilty to one count of conspiracy Commit wire fraud. Kolfage also pleaded guilty to his two counts of filing false tax returns and his one count of wire fraud related to filing false tax returns.

Timothy Shea, the fourth man charged with the fundraiser, was charged with multiple conspiracy charges against the alleged scheme, but in June a judge repeatedly said the jury was at a standstill. After notifying her, I declared a miscarriage of justice.

This story has been updated with additional details.

CNN’s Zachary Cohen and Paula Reid contributed to this report.

Source: www.cnn.com

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