The U.S. Attorney’s Office for the Southern District of New York on Wednesday announced that Guo Wengui, a Chinese businessman linked to former Trump adviser Steve Bannon, has been charged with an array of fraud and money laundering offenses after allegedly stealing more than $1 billion from his internet followers.

Guo, who was arrested Monday morning at his penthouse apartment near Fifth Avenue and Central Park South in Manhattan, emigrated to the United States from China around 2015, claiming that he needed political asylum.

US Attorney for th4e SDNY Damian Williams speaks at a press conference Damian Williams, U.S. Attorney for the Southern District of New York. Photo: Ryland West/ALM

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