U.S. arrests a Chinese business tycoon in a $1 billion fraud conspiracy
Briefly

A Twitter page of Chinese exiled businessman Guo Wengui is seen on a computer screen in Beijing on Aug. 30, 2017.The self-exiled Chinese businessman was arrested Wednesday in New York on charges that he oversaw a billion-dollar fraud conspiracy.Andy Wong/AP NEW YORK A business tycoon long sought by the government of China and known for cultivating ties to Trump administration figures including Steve Bannon was arrested Wednesday in New York on charges that he oversaw a $1 billion fraud conspiracy.
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