Trey Gowdy reacts to Steve Bannon arrest, says indictment indicates a ‘classic fraud scheme’
Trey Gowdy reacts to Steve Bannon arrest, says indictment indicates a ‘classic fraud scheme’

By Talia Kaplan | Fox News

‘He has been indicted, that’s the first step, let’s see what a jury of 12 does with it’.

The charges against former White House Chief Strategist Steve Bannon point to “a classic fraud scheme,” former House Oversight Committee chairman Trey Gowdy told “America’s Newsroom” on Thursday.

Bannon and three others were arrested Thursday in connection with an online fundraising campaign that allegedly defrauded donors out of hundreds of thousands of dollars, the Justice Department announced.

“He’s the same guy who claimed credit for the president’s [2016 election] victory,” Gowdy, now a Fox News contributor, said of Bannon. “He wrote a kiss-and-tell book when he left the White House, accused Donald Trump Jr. of an act of treason, said there was zero chance the president didn’t know about the Trump Tower meeting and is the only person on the planet … that can elect a Democrat in Alabama because he backed Roy Moore.

“Having said that, I’m not one who wants to burn the justice system down,” he continued. “We have a presumption of innocence.”


Gowdy, a former state and federal prosecutor in South Carolina, explained that “the indictment is a formal charge, it is not evidence,” but added that what the indictment “laid out” is “a classic fraud scheme.”

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.

Prosecutors also say Bannon and the others used the nonprofit and a shell company to hide the payments to Kolfage “by using fake invoices and sham ‘vendor’ arrangements,” as well as other means of keeping the payments quiet. The indictment stated that in order to raise funds, Kolfage and Bannon “repeatedly and falsely” told the public that Kolfage would “not take a penny” in compensation.

Host Trace Gallagher noted that “they said again and again that not a penny of this money would ever go to anything except for building the wall.”

“They said that, and also what kind of personal expenses?” Gowdy asked in response. “Are all of the expenses related to his role in this fund or is he buying suits? Is he paying his utility bills?”

“People in Congress, campaign money, you can use it for certain things but you can’t use it for other things,” he continued. “So look, he has been indicted, that’s the first step, let’s see what a jury of 12 does with it.”

Fox News’s Ronn Blitzer contributed to this report.

Affiliate News Feeds

  • Washington Examiner
  • The Federalist
  • The Epoch Times
  • The Guardian
  • The Gateway Pundit

Rep. Henry Cuellar (D-TX) said he has told President Joe Biden many times that the United States needs to take more aggressive action at the southern border as illegal immigrants… [...]

U.S. natural gas industry leaders are amping up calls for the Biden administration and other governments to embrace the energy source ahead of a tough winter for much of the… [...]

Virginia Gov. Glenn Youngkin defended his administration's model policies on transgender students, saying the previous policies "excluded parents" after a day of student protests at numerous public schools. [...]

Ohio Democrat Rep. Tim Ryan sounds a lot different running for Senate than he did running for president. [...]

Historical setbacks and the proliferation of broken homes hurt black Americans, but there’s also something else: Marxism.  [...]

A woman’s death in Iran has sparked mass protests but little response from the Biden administration or ‘the squad’ of congresswomen. [...]

The Epoch Times sat down with Bernie Rivers, the Democrat candidate for Orange County Sheriff at his campaign office in Goshen, New York, on Sept. 26. Rivers, the sole Democrat… [...]

House Democrats have released their long-awaited bill to ban stock trading by members of Congress, senior government officials, and U.S. Supreme Court justices, with the legislation seeking to cut conflicts of… [...]

WASHINGTON—Many prospective jurors questioned on Tuesday and Wednesday for the Oath Keepers trial say they can be impartial despite having strong views on the Jan. 6, 2021, breach of the… [...]

No 10 says PM has faith in chancellor, as Treasury minister says tax cuts are the ‘right plan’Q: When would you get debt falling as a proprotion of GDP?Starmer says… [...]

MPs express disbelief over sterling slump as privately some fear PM’s ‘government is dead on arrival’Liz Truss is facing growing pressure from jittery Conservative MPs to sack Kwasi Kwarteng or… [...]

Opposition leaders urge PM and chancellor to take action over economic fallout and recall parliamentPolitics live – latest updatesDowning Street is resisting pressure to recall parliament, with Liz Truss and… [...]

Law enforcement is currently responding to a reported active shooter situation at the St. Vincent North Hospital, in Sherwood, Arkansas. At least one person is dead, according to a report… [...]

Lizzo has become the only person to ever be allowed to play the flute owned by James Madison, which was loaned to her by the Library of Congress. The 200-year-old… [...]

This was awkward. Joe Biden on Wednesday delivered remarks from the Rose Garden to celebrate the Americans with Disabilities Act and mark Disability Pride Month. Dr. Jill had to tell… [...]

NH Politician

NH POLITICIAN is owned and operated by USNN World News Corporation, a New Hampshire based media company specializing in the collection, publication and distribution of public opinion information, local,...