Free Republic

A judge on Thursday issued a furious order targeting a Chinese billionaire and ally of Steve Bannon, a member of Donald Trump’s inner circle, ordering him to either pay $134m or face arrest for his violation of a previous court order. In a ruling, a judge from the New York County Supreme Court excoriated Guo Wengui for hiding billions of dollars’ worth of assets around the US and elsewhere including in the form of a superyacht named the Lady May. Judge Barry Ostrager faulted Mr Guo in his ruling for hiding the craft outside of US jurisdiction in the Bahamas...

Accused fraudster and former White House strategist Steve Bannon was aboard a $28 million yacht owned by a Chinese billionaire when he was arrested on fraud charges Thursday morning, according to reports. The 150-foot mega vessel was in the Long Island Sound near Westbrook, Connecticut, when President Trump’s former strategist was picked up by US Postal Service inspectors, the Hartford Courant reported. The boat, the Lady May, is owned by Guo Wengui, one of China’s most wanted fugitives, who is wanted in Beijing on fraud, blackmail and bribery charges