Federal Prosecutors Have Steve Bannon's Murky Nonprofit in Their Sights - 2020-08-24
Near the end of a lengthy indictment detailing fraud allegations against Stephen Bannon, former Donald Trump campaign CEO and chief strategist and his associates, federal prosecutors reveal that they intend to seize the assets of a murky nonprofit organization Bannon launched in 2017 to promote "economic nationalism."
The group is Citizens of the American Republic, a California-based nonprofit that serves as a platform for Bannon's films and podcasts that promote Trump's ideology. Throughout the 24-page indictment, the group appears to be referenced as "Non-Profit-1" in a scheme in which Bannon and his partners were allegedly looting a crowdsourced charity, We Build the Wall, for personal gain. The indictment never outright states that "Non-Profit-1" is Citizens of the American Republic, but it describes it as an "organization founded by [Bannon] with the stated purpose of promoting economic nationalism and American sovereignty," which closely matches the nonprofit's own stated aims.
The indictment alleges that "Non-Profit-1" received over $1 million through the scheme and funneled part of it to Brian Kolfage, the military veteran who raised money to build a privately funded wall to help Trump block off the southern border.