Steve Bannon, a close ally of former President Donald Trump, pleaded guilty to a fraud charge related to a fundraising campaign for a border wall on Tuesday. As part of his plea deal, Bannon agreed to a conditional discharge and waived his right to appeal. He was sentenced to three years of conditional discharge and is prohibited from serving as an officer or director of a charity or fundraising organization in New York State. Additionally, he is not allowed to receive or hold assets for charitable organizations.
Originally facing six counts including money laundering, conspiracy, and fraud, Bannon’s guilty plea marks a significant development in the case. The details of the fraud scheme, which involved deceiving donors who contributed to the border wall project, have not been fully disclosed.
The ongoing investigation into Bannon’s case may reveal more information as it progresses. Adam Reiss and Dareh Gregorian, reporters for NBC News, are covering the story and providing updates on any new developments. Whether Bannon’s plea will have broader implications for his relationship with Trump and other associates remains to be seen.
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