A fugitive Chinese entrepreneur was arrested in Las Vegas last week for allegedly having used fraudulently obtained visas to enter the United States.
Prosecutors accused 57-year-old Shi Jianxiang of lying about his names to obtain two non-immigrant visas, which he used to enter the United States in 2016. A federal magistrate on Friday denied him bail upon finding that Shi presents a flight risk, an Oct. 29 Justice Department statement said.
Shi was arrested at a convention in Las Vegas while promoting a cryptocurrency venture. He faces two counts of fraud and misuse of U.S. non-immigrant visas that could result in a maximum of 10 years of federal imprisonment, and a fine of up to $250,000.
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