Thursday, February 10, 2022

A New York judge ordered a Chinese businessman to pay $134 million


The financier famed for bankrolling some of Steve Bannon’s best-known ventures, as well as the far-right strategist’s jet-setting lifestyle, is in deep trouble for steering a $28 million yacht—the same boat where federal agents arrested Bannon in 2020—out of American waters.

A New York judge slapped [the man] with $134 million in contempt of court fines on Wednesday for violating multiple restraining orders barring him from selling or relocating the boat or any other property he controls.

(Among other things, he's also allegedly involved in this.)