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Did the Wall GoFundMe Founder Use the Money to Buy a Yacht?In 2019, we found no evidence Brian Kolfage purchased a yacht — or any other personal items — with money raised for building a border wall
Snopes ^ | PUBLISHED 15 MAY 2019 UPDATED 20 AUGUST 2020 | BETHANIA PALMA

Posted on 08/22/2020 1:14:38 PM PDT by conservative98

Did the Wall GoFundMe Founder Use the Money to Buy a Yacht?

In 2019, we found no evidence Brian Kolfage purchased a yacht — or any other personal items — with money raised for building a border wall. But in August 2020, organization leaders were indicted on fraud charges.

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Our original article is below:

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The post prompted readers to write in and ask Snopes.com whether Kolfage bought a yacht with funds raised for the wall. Kolfage said it’s not only not true, but it would have been impossible.

He purchased the vessel in question for $675,000, paid mostly up front, after selling another boat in the summer of 2018 — a full six months before the border wall stalemate and GoFundMe campaign started, Kolfage told us in an email. He also sent us the bylaws for We Build the Wall, a new 501c(4) non-profit he is in the process of registering with the Internal Revenue Service to manage the funds and forthcoming wall-construction projects. Those bylaws preclude him and anyone else associated with the organization from taking a salary or otherwise using the money for private purposes.

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But Kolfage told us he has other streams of income, which include day trading and investment money. He received about $100,000 from a Department of Defense life insurance program after losing three limbs in Iraq; he invested the money in 2005, and it grew exponentially. He owns a coffee company and told us he has been “blessed in my life, and making smart choices with my money has given me the financial freedom to afford things that I have today.”

(Excerpt) Read more at snopes.com ...


TOPICS: News/Current Events
KEYWORDS: 2020election; bannon; briankolfage; coffee; daytrading; dncsdny; dnctalkingpoint; dnctalkingpoints; election2020; fakefraudcharges; fakenews; kolfage; mediawingofthednc; partisanmediashills; persecution; presstitutes; smearmachine; stevebannon; webuildthewall; yacht
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1 posted on 08/22/2020 1:14:38 PM PDT by conservative98
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To: conservative98

2 posted on 08/22/2020 1:15:29 PM PDT by conservative98
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To: conservative98

BOAT...
Bust Out Another Thousand.


3 posted on 08/22/2020 1:16:09 PM PDT by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: conservative98

4 posted on 08/22/2020 1:16:27 PM PDT by conservative98
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To: conservative98

Did Hillary Clinton use Hatian aid money for Chelsea’s wedding with the Epstein broad in attendance?


5 posted on 08/22/2020 1:21:28 PM PDT by a fool in paradise (Joe Biden- "First thing I'd do is repeal those Trump tax cuts." (May 4th, 2019))
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To: conservative98

The swamp takes no prisoners.


6 posted on 08/22/2020 1:22:33 PM PDT by bray (Pray for President Trump)
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To: conservative98

Bannon doesn’t look at all worried.


7 posted on 08/22/2020 1:23:59 PM PDT by Jane Long (Praise God, from whom ALL blessings flow.)
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To: conservative98

“Once you’ve had a man with no legs, you never go back, baby.”


8 posted on 08/22/2020 1:24:42 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: Jane Long

Arrogant crooks seldom do until sentencing day.


9 posted on 08/22/2020 1:25:49 PM PDT by Okeydoker
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To: Jane Long

There’s something odd about the whole story. Steve Bannon obviously doesn’t need the money he allegedly got by defrauding these donors.


10 posted on 08/22/2020 1:29:39 PM PDT by Alberta's Child ("We're human beings ... we're not f#%&ing animals." -- Dennis Rodman, 6/1/2020)
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To: dfwgator

I had a one legged woman once


11 posted on 08/22/2020 1:30:38 PM PDT by al baby (Hi Mom Hi Dad)
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To: Jane Long

Ashley and Brian Kolfage.

Out on the boat today.

Check the stories.

https://www.instagram.com/ashleyk_hawaii


12 posted on 08/22/2020 1:32:06 PM PDT by conservative98
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To: Alberta's Child

Exactly.

And, thankfully...for now, in this country, you’re INNOCENT until PROVEN guilty in a court of law.....not by keyboard FR *attorneys*.


13 posted on 08/22/2020 1:33:38 PM PDT by Jane Long (Praise God, from whom ALL blessings flow.)
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To: conservative98

SNOPES - well do they or ever have misled anyone?


14 posted on 08/22/2020 1:34:57 PM PDT by SkyDancer (~ Pilots: Looking Down On People Since 1903 ~)
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To: conservative98

Will the Feds want the implants back?


15 posted on 08/22/2020 1:37:12 PM PDT by Dr. Ursus
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To: Dr. Ursus

On day one! If Biden is President, he’ll send a bill to congress to get them back!


16 posted on 08/22/2020 1:40:24 PM PDT by conservative98
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To: conservative98

I relish the idea that the Brooklyn DA made a monumental error and has defamed a war hero. What what would be the prospects of putting him out of business for ever??


17 posted on 08/22/2020 1:42:57 PM PDT by elpadre
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To: al baby

Eileen?


18 posted on 08/22/2020 1:47:34 PM PDT by broken_clock (Go Trump!)
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To: al baby
I had a one legged woman once.

Ilene?
19 posted on 08/22/2020 1:48:02 PM PDT by farming pharmer (fork you :(){ :|:& };:)
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To: conservative98

Who is Kolfag and why should anyone care?


20 posted on 08/22/2020 1:56:56 PM PDT by humblegunner
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