Former Trump Aide Steve Bannon Arrested in Donor Fraud Case

New York Authorities have arrested US President Donald Trump‘s former top adviser Steve Bannon.

Bannon was arrested on Thursday as federal prosecutors accused him and three others of defrauding hundreds of thousands of donors fundraising for a wall on the US border with Mexico.

The online crowdfunding campaign known as “We Build the Wall” raised more than $25 million, prosecutors said, which the defendants said would be used on construction but was instead used for their own profit.

President Trump on Thursday denied any knowledge of the allegedly fraudulent fundraising campaign run by Bannon.

“Don't know anything about the project at all,” Trump told reporters in the Oval Office at the White House.

He said he felt “very badly” and that it is a “very sad thing.” Bannon was a key player in Trump's 2016 election victory and a godfather of the Trump administration's nationalist ideology.

Trump said he is out of touch with Bannon and “haven't been dealing with him for a very long period of time, haven't been dealing with him at all.”

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