Bannon Pleads Guilty to Fraud, Avoids Jail Time
In a New York courtroom, Steve Bannon pleaded guilty to one count of scheming to defraud in the first degree, receiving a three-year conditional discharge. This plea resolves state charges stemming from his involvement with “We Build the Wall,” a nonprofit accused of defrauding donors of $15 million. Bannon, who maintains his innocence regarding personal financial gain, is prohibited from directing New York nonprofits or fundraising for charities with state assets during his discharge. The Manhattan District Attorney stated the resolution protects New York charities and charitable giving from fraud.