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First with the News

Steve Bannon, Former Trump Adviser Indicted For Money Laundering, Surrenders In New York

September 9, 2022
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By Emmanuel Nduka

Steve Bannon, former adviser to ex-US President Donald Trump who was indicted of money laundering, surrendered to New York state prosecutors on Thursday morning.

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Bannon faces charges for his part in a “Build the Wall” group that raised millions on promises to build a wall along the US-Mexico border, but allegedly pocketed some of those donations.

The charges, are two counts of money laundering in the second degree, one count of conspiracy in the fourth degree, scheme to defraud in the first degree and conspiracy in the fifth degree.

On Thursday, Bannon was pictured entering the courtroom handcuffed and smiling as he walked in. He pleaded not guilty on all counts, and his attorney spoke on his behalf. Judge Juan Merchan, who is presiding over the case, also adjudicated the fraud and tax evasion case of Trump Organization CFO Allen Weisselberg.

Part of conditions for his release, was that Bannon must surrender his passport. “Bannon has means to flee the country and a history of” violating the law, a reference to his contempt of Congress conviction, a prosecutor said.

Bannon was found guilty in July of refusing to comply with a subpoena to appear before the House committee investigating the Jan. 6 attack on the U.S. Capitol. He could face up to two years in prison when he’s sentenced next month.

Alvin Bragg, Manhattan District Attorney said of Bannon at a press conference earlier on Thursday, “The simple truth is it is a crime to profit off of donors.” James, at the same news conference that Bannon had used his connections to “cheat everyday Americans.”

“Steve Bannon stands out as a perfect example of this blatant inequality,” James said, adding that his donors were defrauded out of $15 million.

In a statement earlier on Thursday, James said, “There cannot be one set of rules for everyday people and another for the wealthy and powerful — we all must play by the same rules and must obey the law.”

“Mr. Bannon took advantage of his donors’ political views to secure millions of dollars which he then misappropriated. Mr. Bannon lied to his donors to enrich himself and his friends. We will continue to take on fraudulent behavior in every corner of society, including white collar criminals, because no one is above the law. I thank District Attorney Bragg for his close partnership on this matter and commend the dedicated teams at the Attorney General’s Office and the Manhattan District Attorney’s Office for their hard work,” he added.

In his own statement issued on Monday in expectation of his indictment, Bannon said “Just days after being swatted three different times by deranged thugs from New York City inspired by the Biden Administration to assassinate me by police, the Soros-backed DA has now decided to pursue phony charges against me 60 days before the midterm election because WarRoom is the major source of the MAGA grassroots movement”.

After he left the court Thursday, Bannon shouted at reporters, “It’s all nonsense. They will never shut me up.” He claimed he was being targeted for his support of Trump.

Tags: breakingDonald TrumpHeritageheritage timesheritagetimesmediaJoe BidenlatestnewsSteve Bannonthe heritage timesthtthtafricatop stories
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