Chinese Billionaire Guo Wengui Denied Bail in U.S. Fraud Case

(Bloomberg) ― Chinese billionaire Guo Wengui, the exiled businessman and vocal critic of Beijing with ties to former Donald Trump adviser Steve Bannon, was denied bail after being charged with fraud last month by the U.S.

Federal District Judge Analisa Torres rejected Guo’s bid Thursday to remain free pending trial, saying that “no conditions or set of conditions” would ensure his return to court or the safety of the community.