Tag

Stephen Bannon

All articles tagged with #stephen bannon

crime1 year ago

Exiled Chinese Tycoon Guo Wengui Convicted in $1 Billion Fraud Scheme

Exiled Chinese businessman Guo Wengui, who had ties to former White House adviser Stephen Bannon, was convicted of defrauding his online followers of over $1 billion. Guo used the funds to support a lavish lifestyle, including purchasing a yacht and a mansion. He was found guilty on nine of 12 counts and faces decades in prison. Guo's sentencing is scheduled for November 19.

business1 year ago

Exiled Chinese Billionaire Guo Wengui Convicted in $1B Fraud Scheme

Self-exiled Chinese businessman Guo Wengui has been convicted by a US court of defrauding his online followers in a billion-dollar scam, facing nine criminal counts including racketeering, fraud, and money laundering. Guo, a critic of the Chinese Communist Party and associate of Stephen Bannon, raised over $1 billion from followers for investment and cryptocurrency schemes to fund his lavish lifestyle. He faces sentencing on 19 November and could receive decades in prison.

politics1 year ago

Judge Orders Steve Bannon to Prison by July 1

A federal judge has ordered Stephen K. Bannon, a former adviser to Donald Trump, to surrender by July 1 to begin serving a four-month prison sentence for contempt of Congress after refusing to comply with a subpoena from the House Jan. 6 committee. Bannon's appeal was recently denied, and his legal issues may continue with a separate fraud trial scheduled later this year.

legal1 year ago

Judge to Rule on Steve Bannon's Prison Status Pending Appeal

A federal judge will decide if Stephen K. Bannon, former Trump adviser, must begin his four-month prison sentence for contempt of Congress immediately, following an appeals court upholding his conviction. Prosecutors argue no substantial legal questions remain, while Bannon's lawyer contends the stay should remain until the full appeals process is complete.