Steve Bannon Pleads Guilty, Avoids Jail in Border Wall Fraud

Steve Bannon pleaded guilty to a fraud charge related to his 'We Build the Wall' fundraising campaign, which falsely assured donors their contributions would support the construction of a border wall. Under a plea agreement, he received a three-year conditional discharge, avoiding jail time, despite facing potential imprisonment of up to 15 years. Bannon, who had previously faced federal charges for the same scheme, maintained that 'nobody lost money' during his court appearance, despite admitting to the fraud. Prosecutors revealed that over $20 million raised was misappropriated, benefiting Bannon and his associates instead of funding a wall. Following the plea, he expressed feelings of confidence and continued to cast the prosecution as politically motivated. His future activities with charities in New York are now restricted under the terms of his agreement.