Shi Jianxiang Mike Tyson

Fugitive Chinese Businessman With Ties To Mike Tyson, Arrested In US For Alleged Visa Fraud

Sebastian Hughes

A fugitive Chinese businessman was arrested in Las Vegas on Friday for allegedly using visas obtained through fraudulent means, according to a statement from the Justice Department.

Shi Jianxiang was living in California and is described in Chinese records as one of the leading fugitives wanted for financial crimes in the country, The Wall Street Journal reported. He was arrested while promoting a cryptocurrency venture in Las Vegas.

“Shi lied in order to obtain two non-immigrant visas, which he then used to enter the United States, at Miami International Airport, in 2016,” the Justice Department said. “Shi represented in both applications that he had never used another name when, in fact, he had an alternate identity and travel documents under the name ‘Long Niu,’ it is alleged.”

“Shi used travel documents with the Long Niu identity to enter the United States in February 2017, and has been living in California and Nevada as ‘Morgan Shi’ since leaving China, prosecutors alleged during yesterday’s court hearing,” it added.

Chinese authorities allege he fled China in 2016 after committing fraud and causing a collection of Shanghai financial firms he controlled to lose billions of dollars, the WSJ reported. The Justice Department made no mention of China’s accusations in its statement.

Shi denied responsibility for the firms’ losses and declined through intermediaries to speak of his legal status in the U.S., the WSJ reported. While in California, Shi ran a movie company, promoted a cryptocurrency venture with boxer Mike Tyson.

Shi is considered a flight risk and will be detained until he can be tried in federal court in the Southern District of Florida, the Justice Department said.

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