Feds Say Bannon-Tied Groups Part of ‘Criminal Organization’

A superseding indictment against Steve Bannon’s embattled sugar daddy alleges that multiple outfits the duo co-founded—as well as ill-starred social media app Gettr—were part of a criminal consortium that bilked Chinese dissidents living abroad.

The new details come out of an updated criminal complaint against Chinese billionaire Guo Wengui, who caught charges last year for allegedly defrauding his followers with a bogus crypto scheme and using their money to buy a mansion, a yacht, multiple foreign-built luxury vehicles, ornamental rugs, and even a “$53,000 fireplace log cradle holder.”

The new document, filed on Wednesday, for the first time lists dozens of entities that the Department of Justice alleges formed part of the “Kwok Enterprise,” named for one of Guo’s alter egos, Ho Wan “Miles” Kwok.

Read more at The Daily Beast.