Valuable Lessons from the Kolfage-Bannon "Fund the Wall Scam"

For background material on this piece, please refer to the following link Mike Stathis Was Right AGAIN When He Exposed the Build the Wall GoFundMe Campaign as a Scam

When it comes to exposing fraud (e.g. securities, media, corporate and consumer fraud) detecting scams and exposing the mechanisms used by scam artists, Mike's track record remains unblemished since he began his crusade more than a decade ago. 

Brian Kolfage's "We Build the Wall" scam represents the latest in a long list of frauds exposed by Mike early on. From the onset, Mike was certain that Kolfage's "We Fund the Wall" GoFundMe campaign was established solely for the purpose of defrauding individuals by leveraging the momentum of a hotly debated political agenda initiated by Donald Trump.

When Mike first discussed the scam he even mentioned that such ploys should be against the terms of service of GoFundMe. 

As you will recall, during his campaign for presidency, one of Donald Trump's main pledges to Americans was his determination to build a wall along the US-Mexico border which would function to deter if not prevent illegal aliens from entering US territory.

Once Trump was elected, his efforts to build this wall were riddled with road blocks. This is when Brian Kolfage recognized an opportunity to line his pockets with cash. 

Mike noted that the Kolfage's crowdfunding campaign seemed illegal and should have been axed by GoFundMe. But of course it wasn't because GoFundMe is nothing more than a criminal organization that facilitates scams because it receives a cut from each scam that's funded.

To date, GoFundMe has never been held accountable for a single instance of the thousands of cases of fraud that the crowdfunding site has facilitated.  

Once the campaign raised a large sum of money, Kolfage began to receive some scrutiny regarding specifically how the funds would be handled. This was among one of the primary issues raised by Mike from the beginning.

As a result of the scrutiny, Kolfage realized the need to bring high profile, pro-Trump figures into the mix. Among others, he reached out to Steve Bannon to help execute the "We Build the Wall" scam.

According to the federal indictment released by the Department of Justice, Kolfage and Bannon conspired (along with others) to extract large sums of money from "We Build the Wall" donations for personal use.

See the New York Times Article: Steve Bannon Is Charged With Fraud in We Build the Wall Campaign or read the criminal indictment from the Department of Justice detailing the mechanism behind the alleged fraud.  

Unfortunately, many of the same individuals who fell for the Kolfage-Bannon "We Fund the Wall" scam have also been duped by dubious claims and false narratives from an army of disinformation clowns like Ron Paul, Peter Schiff, Mike Maloney, Porter Stansberry, Doug Casey, Harry Dent, David Stockman, Glenn Beck, Alex Jones, John McAfee, Jordan Peterson, as well as hundreds of other gate keepers, shills, liars, idiots and agents of controlled opposition.

A full list of the most influencial disinformation deviants is too long to post here. But we have previously exposed many of these individuals. 

Moreover, many of the same individuals who fell for the Kolfage-Bannon Fund "We Fund the Wall" scam also fell for the countless gold and silver scams, alt-right scam, the tea party scam, the libertarian con, the FIRE movement scam, digital nomad scam, the “End the Fed” scam, countless cryptocurrency scams and so on.  

Are you beginning to see a pattern here? 

The most obvious scams are those that seek to "empower the little guy."  In reality, many of these types of scams actually partner with the big players. And in all cases, the little guy ultimately gets screwed.  

You should note that the founders of the stock trading app, Robinhood are running a similar type of scam by marketing their trading platform to naive newbies (most of which have no business in the stock market to begin with) and claiming that their objective is to "democratize finance" by providing "no commission" stock trading. 

Meanwhile, the founders never disclosed the fact that Robinhood users were actually getting ripped off by having their stock transactions sold to parasitic firms (namely Citadel which has a history of ripping off customers with poor order execution) which provided poor order execution. That folks is pure fraud.

And Robinhood should been shut down long ago for that and many other reasons.  But when you're a member of the kosher tribe you will always get a pass no matter what you do. 

And please do not fall for the recent congressional hearings surrounding the reddit/GameStop/Robinhood controvery. Similar to the case with Mark Zuckerberg and Facebook, politicians are merely pretending to go after the crooks who conspired to rip off millions of naive Americans. 

It’s important to understand that all of the shills, disinformation agents, cons, scammers and gatekeepers have gained a huge amount of exposure for a very good reason.

And it isn’t because their goal is to provide you with benefit; quite the opposite.

The reason why so many shills, disinformation agents, cons, scammers and gatekeepers are able to reach such a large audience is because those who provide them with exposure share the common objective of profiting by deception, lies and fraud.

But there are other objectives as well, namely political agendas.

The ultimate goal of those who provide these hucksters with mass exposure is to profit while leading you down a rabbit hole of disinformation, deception and distraction in order to sway political issues.

At the end of the day, when one thinks of the primary issues that are emphasized in U.S. politics, the objective is to promote Israel as a peaceful and friendly ally, destroy racial and culture unity in order to weaken the people, protect and further empower corporate America, the banking system and media. All of this ensures the Jewish mafia will continue to steal more from the public without any chance of revolt.     

We have covered this topic, the various scams as well as hundreds of liars, disinformation agents, scam artists, shills and gate keepers extensively for more than a decade.

No one else is doing this critical work. There probably aren’t many individuals in the world who are capable of doing this kind of work. For starters, a person must be a well-educated with expertise in several fields. He or she must also possess the highest integrity with no agendas. And finally, such individuals must remain committed against being bought off and intimidated.

Even if you could identify one or more individuals who are capable of doing this work, they aren’t going to do it because exposing the scams and scam artists does not pay the bills.

In fact, exposing scams and scam artists actually harms your ability to conduct business for a variety of reasons which we have previously covered.

If you are a businessman lacking morals and integrity, it’s much easier to jump aboard the scams and scam artists because it’s a much more lucrative path. You will be welcome by a huge audience of suckers. And you will be promoted by the scammers through various avenues used by these con artists. This is a very common tactic which we have discussed many times in the past.  

As Mike has previously discussed, this is what every gold, silver and cryptocurrency charlatan has done which has enabled them to transform themselves from being an unknown to enjoying huge prominence in these communities. In essence, many of these scum bags have gone from rags to riches. The only problem is that it’s been done via fraud and at the expense of those who have fallen for their lies and deceit.

Make no mustake about it. Virtually none of the kingpins running the various scams mentioned about have legitimate credentials. Those who might appear to be credible have sacrificed legitimacy due to their involvement in these scams.

At best, they are nobodies who have been promoted as experts and media celebrities as a result of jumping aboard the fraud band wagon.

At worst, they are frauds, scam artists and crooks intent on taking as much of your money from you as they can get their hands on.

Do you see a trend here?  

Mike’s track record of exposing scams and scam artists could be unparalled.

Once you consider his world-leading investment analysis track record, it's easy to see that Mike Stathis is one to pay very close attention to. 

Some of you might be confused as to why Mike would divert a great deal of time and effort towards exposing scams and scam artists given that his primary focus is on investment analysis and forecasting.

The answer is simple.

First and foremost, it’s simply the right thing to do. 

Second, much of the process involved with prudent investing is about knowing who and what to avoid.

If you fail to avoid the disinformation and scam artists, you will never become a successful investor, even if armed with the world’s best investment research.

The big picture here is quite simple to grasp. If you're not spotting scams and scam artists early on, you're going to lose lots of money, waste lots of time and have your life hijacked in various ways, whether it's from falling for gold and silver scams, the libertarian cult, alt-right scam, the tea party scam, FIRE movement scam, the “end the Fed” scam and countless cryptocurrency scams, or falling for the tens of thousands of scammers (most of which I have already exposed) who continue to dupe naive people. 

At the end of the day, it boils down to judgment.

If you’re constantly being taken by disinformation, deceit, fake news, lies and bullshit, your judgment should be called into question.

Furthermore, the longer you are fooled by these deviants, the more your judgment is going to be impaired.

Having good judgment is probably the best skill one can hope to attain.

Without good judgment, you aren’t going to make good investment decisions.

Even more important, you aren't going to make good life decisions.   

In conclusion, you should ask yourself why no one in the media scrutinized the “We Build the Wall” scam from day one.

Instead, the media provided millions of dollars of free publicity to Kolfage and his scam. This proves once again that if you pay attention to the media for insight you will be screwed. 

In addition to the media, individuals such as Don Trump Jr. and others who supported and endorsed the scam should be held accountable.