Steve Bannon Pleads Not Guilty on Fraud Charges, Released on Bail

White House Chief Strategist Stephen Bannon speaks at the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, U.S., on Feb. 23, 2017. REUTERS/Joshua Roberts

Former White House strategist and ex-Breitbart editor-in-chief Steve Bannon pleaded not guilty after he was arrested and charged with fraud over his alleged involvement in an online scam that raised more than $25 million to help fund a privately owned wall along the U.S.–Mexico border.

In a court appearance on Aug. 20, Bannon, 66, pleaded not guilty. A judge set his bond at $5 million.