Guo Wengui
  • A US appeal court said he should remain in jail while awaiting trial for allegedly defrauding investors of a total of over US$1 billion
  • Prosecutors say Guo spent some of the money on luxuries, including a US$37 million yacht, a US$3.5 million Ferrari and a New Jersey mansion

The judge called his proposed bail package insufficient, noting the exiled businessman with ties to Trump and Bannon has filed for bankruptcy and saying he has ‘the means and know-how to flee’.


The ex-Fugees member says the Malaysian tycoon was willing to ‘spend any type of money’, but his ‘party guy’ reputation made it hard to get fundraiser invites.


Grammy-winning US rapper Pras Michel of hip-hop group the Fugees is accused of illegally lobbying on the fugitive Malaysian financier’s behalf as well as acting as an unregistered agent of China.

The subject of a possible contribution of up to US$30 million came up during ‘casual conversation’, the US star said during Fugees rapper Pras Michel’s foreign influence trial.

Prosecutors said Michel was paid US$70 million to funnel money from Low through straw donors to Obama’s 2012 re-election campaign and influence Trump to return dissident Guo Wengui to China.

Exiled Chinese billionaire Guo Wengui goes by multiple names and the true story of who he is remains a mystery even after his recent arrest – here’s what we know so far about his outlandish life

Guo Wengui, arrested on Wednesday, faces 11 criminal counts, including securities fraud and money laundering charges; he pleaded not guilty but was denied bail.


Exiled Chinese billionaire Guo Wengui sued Swiss investment bank UBS last year over a 2015 margin call following a decline in Haitong Securities shares


Fugitive claims the bank pressured him into borrowing money tied to the purchase of shares in Haitong Securities, and that his investment was wiped out when UBS forced the sale of the stock during a market rout.

Son of now-ostracised Hao Haidong played for Super Liga side in Serbian Cup on June 3, despite ‘leaving club amicably on May 30’, while allegations of ‘pressure from Beijing’ were denied by Radnicki Nis.

China’s record goalscorer criticised the Communist Party on anniversary of Tiananmen Square crackdown; now Hao Runze has been let go just a week after Chinese media tipped him to follow in father’s footsteps.

The 39-storey tower was put on the auction block for a starting price of 5.18 billion yuan and valued at 7.92 billion yuan, about half the average price of comparable Grade A offices in the neighbourhood.

A high-profile Chinese fugitive is accused of being a spy for the Chinese government, according to new documents filed in a federal-court case in New York.

Proceeds from the auction will go toward repaying more than 3 billion yuan of debt owed by Guo’s company to the Bank of Shanghai and a Shanghai investor, both listed as applicants of the auction.

Guo Wengui allegedly offered a pair of conservative operatives US$9 million for dirt on his enemies’ porn habits and out-of-wedlock children. Now he’s suing.


French newspaper claims Wang committed suicide, possibly because of business worries or pressure from Chinese authorities, but chief investigator says there is no proof.