RE: Bannon behind bars accused of fraud.
August 20, 2020 at 8:31 pm
(This post was last modified: August 20, 2020 at 8:31 pm by BrianSoddingBoru4.)
(August 20, 2020 at 7:52 pm)arewethereyet Wrote:(August 20, 2020 at 4:58 pm)BrianSoddingBoru4 Wrote: Update: He’s out of jail on a $5 million bond. Seems kind of high for a first offense.
Boru
Hmmm...wonder how much of that bond was paid out of money obtained fraudulently.
Probably not a lot. The indictment alleges that Bannon pocketed around $350 000 of the donated money. Also, an article I found says the court is requiring his bond to be secured by assets which he has to surrender to the court within the next few days, which means (I’m kinda guessing at this bit) that the state is holding his property pending the outcome of the case.
Boru
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