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Chinese businessman Guo Wengui denied bail in US fraud case
Updated : 3 years, 1 month ago IST
The exiled businessman and vocal critic of Beijing were denied bail after being charged by the US with fraud last month. Guo left China in 2014 during an anti-corruption crackdown under President Xi Jinping.
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Exiled Chinese tycoon arrested in USD 1bn fraud conspiracy
Updated : 3 years, 2 months ago IST
Fugitive and exiled Chinese business tycoon Guo Wengui was arrested on Wednesday (Local Time) in New York on the charge of financial conspiracy to defraud thousands of his online followers out of USD 1 billion, US Department of Justice's Southern District of New York said in a statement.<
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