Seems to be a busy morning. Steve Bannon has been arrested for fraud, and a breaking news banner at the top of that story says a judge has thrown out Trump’s challenge to the Manhattan DA’s subpoena of his tax records. Also Trump melted down the rest of the way while watching the Dem convention last night.

So, Bannon.

Former White House chief strategist Steve Bannon has been arrested after being charged with defrauding hundreds of thousands of donors through their campaign “We Build the Wall.” 

Bannon, along with three of his associates, w[as] indicted by investigators at the U.S. Southern District of New York on Thursday. They allege that the group of conservative leaders defrauded donors and that led to raising “more than $25 million to build a wall along the southern border of the United States,” according to the press release. 

This must have been written at top speed, because it’s full of mistakes and confusions, but I think we can get the drift.

The campaign was intended to raise money to help President Donald Trump fulfill a campaign promise of building a border wall along the border. Instead, prosecutors allege, that Bannon and his team profited off of the arrangement. 

Jeez, I don’t write that sloppily even when I’m in a hurry. Anyway, upshot is, prosecutors allege that Bannon and co skimmed a lot of the $$ and gave it to themselves, which is not permitted.

“The defendants defrauded hundreds of thousands of donors, capitalizing on their interest in funding a border wall to raise millions of dollars, under the false pretense that all of that money would be spent on construction,” Acting U.S. Attorney Audrey Strauss, said in a statement. “While repeatedly assuring donors that Brian Kolfage, the founder and public face of We Build the Wall, would not be paid a cent, the defendants secretly schemed to pass hundreds of thousands of dollars to Kolfage, which he used to fund his lavish lifestyle.

I suppose Trump has already posted the tweet that says he barely knows Bannon and fired him the very instant he realized what a Loser he is.