WA mogul facing US extradition denied bail

Australia

A wealthy technology mogul will remain in jail in Perth as the US prepares extradition proceedings over a text message scam.

Eugeni “Zhenya” Tsvetnenko, 39, was charged by New York authorities in July 2016 with wire fraud, conspiracy to commit wire fraud and conspiracy to commit money laundering.

Tsvetnenko was arrested last month and appeared in Perth Magistrates Court wearing prison greens via video link from Hakea prison on Tuesday, when magistrate Joe Randazzo rejected his bail application, saying “the risk of flight is real”.

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