Thirty resident families returned to the village to find that their homes and businesses had been looted and destroyed by the activists. The town was never rebuilt. Banks was the principal negotiator and leader of the Wounded Knee forces. Subsequent investigation of Wilson found questionable accounting practices, but no evidence of criminal offenses. As a result of involvement in Custer and Wounded Knee, Banks and 300 others were arrested by the federal government and faced trial. He was acquitted of the Wounded Knee charges, but was convicted of incitement to riot and assault stemming from the earlier confrontation at Custer.