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NEW YORK, N.Y. — President Donald Trump's former political adviser Steve Bannon was arrested Thursday morning on charges that he and three others scammed many people who donated an online fundraising scheme called “We Build The Wall.”The charges were outlined in an indictment unsealed in Manhattan federal court.Federal prosecutors say Bannon and three others “orchestrated a scheme to defraud hundreds of thousands of donors" in connection with an online crowdfunding campaign that raised more than million to build a wall along the southern border of the U.S.Along with Bannon, the other three men arrested in the case are Brian Kolfage, Andrew Badolato, and Timothy Shea. They’re each charged with one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering, both of which carry a maximum penalty of 20 years in prison.According to the indictment, the scheme started in December of 2018.To induce donors to donate to the campaign, court documents say Kolfage repeatedly and falsely assured the public that he would “not take a penny in salary or compensation” and that “100% of the funds raised . . . will be used in the execution of our mission and purpose” because, as Bannon publicly stated, “we’re a volunteer organization.”Those representations were reportedly false. In truth, prosecutors say Kolfage, Bannon, Badolato, and Shea received hundreds of thousands of dollars in donor funds from "We Build the Wall," which they each used in a manner inconsistent with the organization’s public representations.In particular, Kolfage is accused of covertly taking more than 0,000 in donations for his personal use, while Bannon allegedly used a non-profit organization under his control to receive over million from the campaign. Prosecutors say Bannon used at least some of that money to cover hundreds of thousands of dollars in personal expenses.To conceal the payments to Kolfage from "We Build the Wall," the men allegedly devised a scheme to route those payments from the campaign to Kolfage indirectly through a nonprofit and a shell company under Shea’s control, among other avenues.“They did so by using fake invoices and sham ‘vendor’ arrangements, among other ways, to ensure, as Kolfage noted in a text message to Badolato, that his pay arrangement remained ‘confidential’ and kept on a ‘need to know’ basis,” prosecutors say.Acting U.S. Attorney Audrey Strauss said: “As alleged, 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. 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. We thank the USPIS for their partnership in investigating this case, and we remain dedicated to rooting out and prosecuting fraud wherever we find it.” 3088

NEW YORK (AP) — Lord & Taylor is seeking bankruptcy protection, as is the owner of Men’s Wearhouse and Jos. A. Bank, lengthening the list of major retail chains that have faltered in the COVID-19 pandemic.Household retail names, many longtime anchors in malls nationwide, were already struggling to keep up with a radical reformation in what people buy, and where they buy it. Much of that activity has moved online.Thousands of store closures forced by the arrival of COVID-19 has proved too much.Lord & Taylor, which began as a Manhattan dry goods store in 1824, was sold to the French rental clothing company Le Tote Inc. last year. Both filed for bankruptcy protection, separately, in the Eastern Court of Virginia on Sunday. 745

NEW YORK – Wall Street clawed back the last of the historic, frenzied losses unleashed by the coronavirus, as the S&P 500 closed at an all-time high Tuesday.The benchmark index notched a modest 0.2% gain to beat its previous record high set on Feb. 19, before the pandemic shut down businesses around the world and knocked economies into their worst recessions in decades.The S&P 500′s milestone caps a furious 51.5% rally that began in late March.Tremendous amounts of aid from the Federal Reserve and Congress helped launch the rally, which built momentum on signs of budding growth in the economy. 616

NEW YORK (AP) — Macy’s said Santa Claus won’t be greeting kids at its flagship New York store this year due to the coronavirus, interrupting a holiday tradition started nearly 160 years ago. More than a quarter of a million people come to see Santa at Macy’s in New York each year, the company said, making it hard to create a safe environment during a pandemic. Before taking a picture with the jolly old man, crowds walk in tight quarters through a maze-like Santaland that’s filled with Christmas trees, running toy trains and elves in green costumes.That makes it hard to create a safe environment during a pandemic. Santa also won’t be making in-person visits this year at its Chicago and San Francisco stores, which have similar Santalands. But he will still appear at the end of the televised Macy’s Thanksgiving Day parade, the company said.The decision by Macy’s differs from big mall owners, which will still go ahead with in-person Santa visits by banning kids from sitting on his lap and making sure they stay six feet away from him.Macy’s said it will be offering a free online experience on its website at the end of November, where families can play games and get a virtual tour of Santa’s workshop. 1222

NEWBURY PARK (KGTV) -- A wind-driven brush fire has erupted in Southern California, burning near structures in the Newbury Park area of Ventura County.Cal Fire says the Hill Fire has quickly grown to 5,000 to 7,000 acres, shutting down both directions of Highway 101, as of 4 p.m. More than 160 firefighters have been dispatched, and eight air tankers have been ordered.At a Thursday night news conference, Ventura County fire officials said they expect the blaze to burn all the way to the Pacific Ocean. Should winds pick up, the blaze could reach the ocean by Friday morning. According to firefighters, the fuel burning hasn't seen a wildfire in a long time, adding to the intensity of the fire. One firefighter did receive minor injuries fighting the blaze. The nature of the injury wasn't specified. The Hill Fire is about 5 miles from the site of a shooting Wednesday night at a bar in Thousand Oaks, California, in which 12 people were killed.It's the second brush fire in the area as another fire, dubbed the Woolsey Fire, had burned about 300 acres to the east in the Bell Canyon area as of 4 p.m.Gusty Santa Ana winds are blowing through Ventura and neighboring Los Angeles counties at about 25-30 miles per hour. Wind speeds are set to peak Friday morning.The fire's spread has prompted evacuations to the following areas: 1371