Steve Bannon pleaded guilty on Tuesday to a fraud charge related to duping donors who gave money to a private effort to build a wall along the U.S. southern border — a case the conservative strategist has decried as a “political persecution.”
Bannon, a longtime ally of President Donald Trump, reached a plea agreement that spares him from jail time in the “We Build the Wall” scheme as long as he stays out of trouble.
Asked how he was feeling as he left the courtroom, Bannon said, “Like a million bucks.”
The deal comes just days after U.S. Attorney General Pam Bondi ordered the Justice Department to investigate what the president called the ” weaponization of prosecutorial power.” The case had been scheduled to go to trial March 4.
Manhattan District Attorney Alvin Bragg’s office charged Bannon in state court after a Trump pardon in 2021 wiped away federal charges on the same allegations. In November, Judge April Newbauer ruled prosecutors could show jurors certain evidence, including an email they say shows Bannon was concerned the fundraising effort was “a scam.”
Bannon had been planning an aggressive defense strategy and recently hired a new team of attack dog lawyers who sought to portray the case to jurors as a selective and malicious prosecution.
In January, Bannon’s lawyers filed papers asking Newbauer to throw out the case, calling it an “unconstitutional selective enforcement of the law.” The judge had been expected to rule on that on Tuesday before Bannon’s plea deal made the request moot.
Bannon, 71, pleaded not guilty in September 2022 to a state court indictment charging him with money laundering, fraud and conspiracy. He was accused of falsely promising donors that all money given to the We Build the Wall campaign would go toward building a wall along the U.S.-Mexico border. Instead, prosecutors alleged the money was used to enrich Bannon and others involved in the project.
The campaign, launched in 2018 after Trump fired Bannon as his chief strategist, quickly raised over $20 million and privately built a few miles of fencing along the border. It soon ran into trouble with the International Boundary and Water Commission, came under federal investigation and drew criticism from Trump, the Republican whose policy the charity was founded to support.
Bragg, a Democrat, took up the case after Trump cut Bannon’s federal prosecution short with a pardon in the final hours of his first term in the White House. Presidential pardons apply only to federal crimes, not state offenses.
Early in the fundraising campaign, Bannon pooh-poohed it, prosecutors said at a November hearing. “Isn’t this a scam? You can’t build the wall for this much money,” Bannon wrote in an email, according to prosecutor Jeffrey Levinson. He said Bannon went on to add: “Poor Americans shouldn’t be using hard-earned money to chase something not doable.”
Two other men involved in the project, Brian Kolfage and Andrew Badolato, pleaded guilty to federal charges and were sentenced to prison. A third defendant, Timothy Shea, was convicted and also sentenced to prison.
Bannon went to prison in an unrelated case last year, serving four months at a federal lockup in Connecticut for defying a subpoena in the congressional investigation into the U.S. Capitol attack on Jan. 6, 2021.
He was released in October. Bondi last week formed a “Weaponization Working Group” at the Justice Department to examine cases she said appear to have been motivated by “political objectives or other improper aims,” including Bragg’s pursuit of criminal charges against Trump.