Steve Bannon Arrested? What Was Steve Bannon Arrest Reason And Charges Explored!

It seems like the arrest reports regarding Steve Bannon have taken a substantial portion of the news. The news about his arrest is getting noticed all over the internet and is attracting interest of followers who are shocked as and confused by the news. It’s evident that they want to find out the reason behind his detention and want to know whether this information is real or not. According to news reports, federal officials arrested the exiled Chinese billionaire Guo Wengui New York on the morning of Wednesday, March 15, 2023.

Steve Bannon Arrested? What Was Steve Bannon Arrest Reason And Charges Explored!

Steve Bannon Arrested

If you don’t know about his name, let’s explain the fact that Wengui was a close friend of the former Trump White House adviser named Steve Bannon. He’s accused of creating the $1 billion fraud scheme. While Steve has a reputation as an American media executive, former investment banker, and political strategist. Following the detention of an associate with Steve Bannon, people are curious to know whether the police also arrested the political strategist. There are many questions that are circulating around in your head and you’re looking for the answer to these questions. Instead of looking on other websites, just keep reading.

As we have mentioned earlier that the police authorities have taken the associates of Steve Bannon, and Guo Wengui to police custody Police in the early hours of Wednesday, March 15th, 2023, in New York. Therefore, it’s not Steve who was arrested, but his accomplice is in jail. A news release from the Southern District of New York revealed that Guo named in the court papers as Ho Wan Kwok was accused of the following 12 charges of fraud on wires, banks, securities fraud, and money laundering in a case that was reopened last week.

Guo’s Manhattan penthouse for Guo located in Guo’s Sherry-Netherland Hotel on 5th Avenue was discovered in Fire on the same day news of his arrest was announced. According to reports, when the Fire started, police were carrying out legal procedures in the home at residence of Guo and he was already being taken into custody and the police were investigating the case. The statement made by the side of United States Attorney Damian Williams stated that the exiled boss was also the primary player in the intricate scheme to scam thousands of his followers on social media with more than $1 billion.

The report states that Guo and his supposed assistant Kin Ming Je are accused of using their online presence of Guo to lure investors into investing by promising massive financial gains. After the theft of 100s million dollars was allegedly illegally obtained, the helper of Bannon reported that they used the money to live extravagant and luxurious lifestyles.

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