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- Guilty of nine out of 12 counts involving racketeering conspiracy and securities fraud, wire fraud and money laundering, Guo, who is also known as Miles Guo, “faces decades in prison” when the judge hands down a sentence on November 19, according to the prosecutor.
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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...
Jul 17, 2024 · Guo Wengui, a self-exiled Chinese business tycoon and outspoken opponent of Beijing's communist government, has been found guilty of defrauding customers in a more than $US1 billion ($1.5 billion) scheme, prosecutors say.
Jul 16, 2024 · Guo was convicted on nine of the 12 criminal counts he faced, including racketeering conspiracy and wire fraud, in a trial that lasted seven weeks. He could face decades in prison. U.S....
Jul 16, 2024 · Wengui, a self-exiled Chinese business tycoon whose criticism of the Communist Party won him legions of online followers and powerful friends in the American conservative movement, was convicted by a U.S. jury Tuesday, July 16, 2024 of engaging in a massive multiyear fraud that ripped off some of his most devoted fans.
Jul 16, 2024 · Guo was convicted on nine of the 12 criminal counts he faced, including racketeering conspiracy and wire fraud, in a trial that lasted seven weeks. He could face decades in prison. U.S....
May 24, 2024 · After leaving China, Guo was accused by Chinese authorities of rape, kidnapping, bribery and other crimes. Guo said those allegations were false and designed to punish him for publicly revealing corruption as he criticized leading figures in the Communist Party.