The exiled Chinese billionaire Guo Wengui, who was charged by U.S. prosecutors in a $1 billion fraud conspiracy, will go to trial in April.
Guo, charged in court papers as Ho Wan Kwok and who also goes by Miles Guo and Miles Kwok, has pleaded not guilty to 11 counts, including wire fraud, securities fraud, bank fraud and money laundering.Guo has remained in jail since he was arrested. Hoping to obtain bail, Cook said in a court filing that Guo would remain in the country if he was released, because"the risk to his life is simply too great for him to leave.
Cook claimed in court documents that Guo is not a flight risk because his wife of 38 years and daughter live in the U.S., saying he must remain in jail pending trial because he"has means and know-how to flee," court documents show. Even though law enforcement officials confiscated Guo’s two passports and copies of another passport, Torres said a"clever defendant with sufficient resources could figure out a way to leave the country without travel documents."
She said Guo’s proposed bail package was"insufficient," adding that he filed for bankruptcy protection and claimed to have only $10,000 in assets. Torres said Guo didn’t identify a co-signer for his bond who had sufficient means and ties to the U.S.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
US trial for exiled Chinese businessman Guo Wengui set for April 2024The exiled Chinese businessman Guo Wengui will face trial starting April 8, 2024 on U.S. charges of leading a more than $1 billion fraud.
Les mer »
Steve Bannon calls for Marjorie Taylor Greene to be primariedThe top Trump ally said all 149 House Republicans who backed the debt ceiling deal should be challenged, including those 'we're quite fond of.'
Les mer »
Steve Kerr takes a crystal-clear shot at Warriors' disgruntled youthsKerr didn't mention Jordan Poole or Jonathan Kuminga by name, but he didn't have to.
Les mer »
Steve Jobs would love Apple's Vision Pro, biographer arguesInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Les mer »
Steve Mariucci weighs in on Brock Purdy, 49ers’ quarterback rouletteFormer 49ers coach Steve Mariucci thinks Brock Purdy has the inside track on starting but that any healthy quarterback should benefit from a playoff-ready roster.
Les mer »