Prosecutors say Guo can’t be trusted and that he has access to tens of millions of dollars despite claims he is unemployed, in bankruptcy proceedings and down to about $10,000 in assets that were not liquid cash.
Exiled Chinese businessman Guo Wengui, charged with masterminding a billion-dollar fraud scheme, was labeled "sociopathic" by a prosecutor during a Tuesday hearing.
U.S. District Judge Analisa Torres did not immediately rule whether bail can be set for Guo Wengui, 54, who was arrested three weeks ago on charges including wire and securities fraud.