Yachts, Custom Cars and $36,000 Mattresses: Inside an Alleged Fraud

Former Chinese real-estate developer and outspoken China critic Guo Wengui was arrested by the FBI last week and accused of orchestrating a $1 billion fraud. WSJ’s Aruna Viswanatha unpacks Guo’s trek from Beijing gadfly to Steve Bannon confidant to fraud suspect. Further Reading: - A Chinese Businessman’s Trek From Beijing Gadfly to Steve Bannon Confidant to Fraud Suspect  - China’s Pursuit of Fugitive Businessman Guo Wengui Kicks Off Manhattan Caper Worthy of Spy Thriller  Learn more about your ad choices. Visit megaphone.fm/adchoices