Steve Bannon pleads not guilty on fraud charges

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Former Trump administration chief strategist Steve Bannon pleaded not guilty on Thursday after being indicted and taken into custody in New York on federal fraud charges.

The latest: A federal judge agreed to release Bannon on a $5 million bond. His travel will be restricted to the New York and Washington, D.C. areas, and he will not be allowed to use private jets or boats without permission.

The state of play: Bannon, along with three others, allegedly defrauded donors out of hundreds of thousands of dollars for their own profit with a crowdfunding campaign called “We Build the Wall” that raked in over $25 million. Continue reading.