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Prosecutors urge no bail for Chinese man in $1B fraud case

Por: Associated Press Business April 04, 2023

NEW YORK (AP) — A judge should reject bail for a wealthy self-exiled Chinese businessman charged in a $1 billion fraud case because he’s already trying to obstruct justice from jail, and can flee or do harm if he is freed, no matter how stringent his bail conditions, prosecutors said Monday.The government submitted a letter in advance of a bail hearing Tuesday for Guo Wengui, saying he has access to tens of millions of dollars to help him... + full article



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