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   How many criminal charges did Guo face?

   • Following a seven-week trial, Guo was convicted Tuesday of nine of 12 criminal counts he faced, including racketeering conspiracy and wire fraud. He faces decades in prison, according to U.S. Attorney Damian Williams. U.S. District Judge Analisa Torres set his sentencing for Nov. 19.

   Chinese business tycoon Guo Wengui convicted of fraud in U.S. trial

   www.usatoday.com/story/news/nation/2024/07/17/guo-wengui-billion-dollar-fraud-conspiracy-china/74432594007/

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   How much money did Guo steal from his followers?

   • Damian Williams, the US attorney for the Southern District of New York, said Guo “led a complex conspiracy to defraud thousands of his online followers out of over $1bn  [and] is charged with lining his pockets with the money he stole”. A lawyer for Je declined to comment.

   Exiled Chinese businessman Guo Wengui arrested on US fraud charges

   www.ft.com/content/c96bfcc3-1abe-4848-9cda-f09db5ec4cf7

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   How much money did Guo raise?

   • Federal prosecutors in Manhattan accused Guo of raising more than $1 billion by guaranteeing his thousands of followers that they would not lose money if they invested in his various business and cryptocurrency schemes.

   Chinese business tycoon Guo Wengui convicted of fraud in U.S. trial

   www.usatoday.com/story/news/nation/2024/07/17/guo-wengui-billion-dollar-fraud-conspiracy-china/74432594007/

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   Where did Guo get his money?

   • Guo claimed his fortune came from his wealthy real estate developer family in China. But a portion of his wealth, federal prosecutors said, also came from stealing $1 billion through bogus investment opportunities he hawked online.

   Chinese Tycoon Guo Guilty in US of $1 Billion Investor Fraud

   www.bloomberg.com/news/articles/2024-07-16/chinese-tycoon-guo-guilty-in-us-over-1-billion-investor-fraud

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   Why was Guo arrested?

   • Guo was arrested Wednesday on charges including fraud, conspiracy and money laundering, in connection with an alleged scheme to misappropriate more than $1bn from thousands of his online followers.

   Exiled Chinese businessman Guo Wengui arrested on US fraud charges

   www.ft.com/content/c96bfcc3-1abe-4848-9cda-f09db5ec4cf7

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   Did Guo pleaded not guilty?

   • Attorneys for Guo, who had pleaded not guilty, said he was a committed anti-Communist campaigner and the funds were for political purposes. A lawyer for Guo declined to comment on Tuesday’s verdict. Guo will be sentenced later this year. He could face decades in prison. Copyright The Financial Times Limited 2024.

   Chinese businessman Guo Wengui convicted of fraud in US court

   www.ft.com/content/082e417f-c907-4e24-a6d7-191b7faed225

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2. www.usatoday.com › story › newsChinese business tycoon Guo Wengui convicted of fraud in U.S ...

   www.usatoday.com › story › news

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   Jul 17, 2024 · Guo Wengui, an exiled Chinese billionaire known for his criticism of the Chinese Communist Party and close ties with American conservatives, was convicted by a U.S. jury on Tuesday of defrauding...

3. www.bbc.co.uk › news › articlesChina tycoon Guo convicted in US over $1bn scam - BBC

   www.bbc.co.uk › news › articles

   • Cached

   Jul 17, 2024 · 17 July 2024. Self-exiled Chinese businessman Guo Wengui has been convicted by a US court of defrauding his online followers in a billion-dollar scam. He was found guilty on nine of the 12...

4. Videos

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     Exiled Chinese tycoon Guo Wengui arrested in the US over fraud charges worth US$1 billion

     Mar 16, 2023

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     Who Is Guo Wengui? Fire Breaks Out at Billionaire's NYC Penthouse After Fraud Arrest | NBC New York

     Mar 15, 2023

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     Exiled Chinese tycoon Guo Wengui arrested in the US over fraud charges worth US$1 billion

     Mar 15, 2023

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5. www.bloomberg.com › news › articlesChinese Tycoon Guo Guilty in US of $1 Billion Investor Fraud

   www.bloomberg.com › news › articles

   • Cached

   Jul 16, 2024 · Convicted on nine of the 12 counts against him, he faces as many as 20 years in prison on the most serious charges when he is sentenced on Nov. 19.

   • Author: Ava Benny-Morrison

6. www.reuters.com › legal › us-charges-exiled-chineseU.S. charges exiled Chinese businessman Guo Wengui with $1 ...

   www.reuters.com › legal › us-charges-exiled-chinese

   Mar 15, 2023 · NEW YORK, March 15 (Reuters) - The U.S. government on Wednesday charged Guo Wengui, an exiled Chinese businessman with ties to former Donald Trump adviser Steve Bannon, with leading a complex...

7. www.ft.com › content › 082e417f-c907-4e24-a6d7-191b7Chinese businessman Guo Wengui convicted of fraud in US court

   www.ft.com › content › 082e417f-c907-4e24-a6d7-191b7

   Jul 16, 2024 · Guo Wengui, the businessman and Chinese Communist party critic who fled to New York and allied himself with prominent China hawks, including Donald Trump and Steve Bannon, has been convicted for...

8. www.nytimes.com › 2024/05/22 › usFraud Trial Begins for Chinese Billionaire Who Allied Himself ...

   www.nytimes.com › 2024/05/22 › us

   May 22, 2024 · Charged with defrauding thousands of investors in the U.S. and overseas of more than $1 billion, Guo Wengui could face decades in prison.

9. www.ft.com › content › c96bfcc3-1abe-4848-9cda-f09dbExiled Chinese businessman Guo Wengui arrested on US fraud ...

   www.ft.com › content › c96bfcc3-1abe-4848-9cda-f09db

   Mar 15, 2023 · US prosecutors have charged Guo Wengui, the Chinese businessman and critic of the Communist government who fled to New York and allied himself with prominent China hawks, with being a serial...