Exiled Chinese billionaire Guo Wengui, an ally of Steve Bannon, arrested by FBI - ABC News

TL;DR

Guo Wengui, an exiled Chinese billionaire with business ties to Steve Bannon, faces federal fraud charges out of New York, as authorities investigate a fire that broke out at his apartment hours following his arrest on Wednesday. Guo, 54, pitched three unregistered securities offerings to investors as a means of obtaining shares in GTV and a fourth offering as a means to obtain a crypto asset security called \"H-Coin\" that he falsely claimed was backed by gold reserves, the SEC said. There was no reference to the fire during Guo's arraignment hearing

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