Steve Bannon's Sugar Arrest on 12 Counts, wire fraud, securities fraud, bank fraud, and money laundering, China $1 Billion Dollar Fraud Conspiracy
Trump Corrupt Swamp
Date: March 15, 2023 12:47PM
U.S. Dept. of Justice has announced a twelve-count indictment charging Ho Wan Kwok with crimes including wire fraud, securities fraud, bank fraud, and money laundering in what it alleges is a more than “$1 Billion Dollar Fraud Conspiracy.” Kwok, who uses numerous alias including Guo Wengui, was arrested Wednesday morning.
best-known venture is the “supposed consulate for the ‘New Federal State of China,’ declared by ex-White House strategist Stephen Bannon and his flamboyant Chinese patron, fugitive businessman Guo Wengui,” also known as Ho Wan Kwok.
“Since 2017,” Kwok “has lived in luxury, setting up residence in a $68 million Central Park penthouse and underwriting numerous right-wing projects, from nonprofits with Bannon to dodgy media operations to bogus COVID-19 studies to would-be Twitter competitor GETTR.”
ABC News adds that “Bannon is currently being prosecuted by the Manhattan district attorney for defrauding donors to the We Build the Wall online fundraising campaign.”
Last year NewsNation profiled Kwok in a segment about “Billionaires pulling the strings in US elections.”