Reported about 1 year ago
Money laundering tycoon Guo Zemin's bail was revoked as he was charged with violating the Banking Act among other offenses. His girlfriend, model Claire Tsien, paid 50 million for his bail, but since Guo was detained again, she couldn't access the money to refund. Tsien requested a cash refund plus interest but was rejected by the court, which stated that bail would be returned to the national treasury or a bank in the form of a check or cash. The prosecutor estimated Guo's involvement in underground remittances of over 217 billion in four years, with illegal gains of approximately 1.6 billion. Guo was charged with offenses including operating illegal gambling, violating the Banking Act, and organized crime.
Source: YAHOO