Steve Bannon, 'We Build the Wall' organizers arrested, charged with defrauding donors

Steve Bannon, a former adviser to President Trump, was among four suspects arrested Thursday and indicted in connection with an online fundraising campaign that allegedly defrauded donors of hundreds of thousands of dollars, the Justice Departmentannounced.

According to the indictment, Bannon and co-defendant Brian Kolfage told the public that they were a "volunteer organization" and that 100% of the money raised would go toward their stated goal, which was to raise money for the federal government to build a wall along the U.S.-Mexico border.

"Those representations were false," the indictment said. Prosecutors claim that Kolfage, Bannon, Andrew Badolato and Timothy Shea took money for themselves as the campaign raised upward of $25 million. The indictment alleges that Bannon received more than $1 million through a nonprofit that he then used for personal expenses and to pay Kolfage.