Stephen Bannon Pleads Guilty to Defrauding Donors for Border Wall Project
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Stephen Bannon has pleaded guilty to defrauding donors for a border wall project, resulting in a three-year conditional discharge with no prison time if he reoffends.
Stephen K. Bannon, a longtime adviser to President Trump, pleaded guilty on Tuesday in Manhattan criminal court to a single count of defrauding donors who sought to help build a wall at the Southern border.
Mr. Bannon's plea deal stipulates that he will be given a three-year conditional discharge, meaning he will receive no prison time if he does not reoffend.
He had faced five felony counts, including money laundering and conspiracy charges, and faced a maximum sentence of five to 15 years on the most serious charge.
This is a developing story and will be updated.