Prosecutors accused Guo Wengui, an associate of former Trump White House advisor Steve Bannon, of a large conspiracy that duped his online followers.
The controversial Chinese businessman Guo Wengui, an associate of former Trump White House advisor Steve Bannon, was arrested in New York for orchestrating what federal prosecutors called a more than $1 billion fraud conspiracy.
Prosecutors said they have seized more than $650 million in alleged fraud proceeds from 21 different bank accounts as part of the case.
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