A US judge just denied bail to a Chinese businessman charged in a $1 billion fraud case because he could be a flight risk
Guo Wengui is accused of fleecing thousands of investors in too-good-to-be-true offerings that promised outsize profits for investors in his media company.
![A US judge just denied bail to a Chinese businessman charged in a $1 billion fraud case because he could be a flight risk](https://content.fortune.com/wp-content/uploads/2023/04/GettyImages-1063852446-e1682021323643.jpg?w=2048#)