Yahoo Canada Web Search

Search results

1. edition.cnn.com › 2024/07/16 › politicsExiled Chinese billionaire Guo Wengui found guilty on federal ...

   edition.cnn.com › 2024/07/16 › politics

   • Cached

   Jul 16, 2024 · Guo Wengui, the exiled Chinese billionaire, was convicted in a US federal court on Tuesday for defrauding thousands of his followers of more than $1 billion.

2. www.abc.net.au › news › 2024/07/17'Life of excess': Guo Wengui had a yacht, mansion and ...

   www.abc.net.au › news › 2024/07/17

   • Cached

   Jul 17, 2024 · Over a seven-week trial, Chinese business tycoon Guo Wengui is accused of deceiving his followers to put money into bogus investments and using the money to preserve a luxurious lifestyle.

3. apnews.com › article › guo-wengui-chineseChinese billionaire Guo Wengui convicted of defrauding ...

   apnews.com › article › guo-wengui-chinese

   • Cached

   Jul 16, 2024 · Over a seven-week trial, he was accused of deceiving thousands of people who put money into bogus investments and using the money to preserve a luxurious lifestyle. He was convicted of nine of 12 criminal counts, including racketeering conspiracy.

4. www.bbc.com › news › articlesChina tycoon Guo convicted in US over $1bn scam - BBC

   www.bbc.com › news › articles

   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...

5. www.yahoo.com › news › self-exiled-chineseSelf-exiled Chinese billionaire Guo Wengui convicted of ...

   www.yahoo.com › news › self-exiled-chinese

   • Cached

   Jul 16, 2024 · Over a seven-week trial, he was accused of deceiving thousands of people who put money into bogus investments and using the money to preserve a luxurious lifestyle.

6. Videos

   • 

     9:56

     youtube.com

     The True Story of Amazon's Disastrous Attempt to Take Over China

     Sep 21, 2022

     2K Views

   • 

     5:37

     youtube.com

     How Amazon Makes Money

     Feb 18, 2019

     2.2M Views

   • 

     2:18

     youtube.com

     Here's How Much Money Jeff Bezos Made As CEO Of Amazon | Forbes

     Jul 8, 2021

     31.4K Views

   View all

7. www.ctvnews.ca › world › self-exiled-chineseGuo Wengui convicted of defrauding followers after fleeing to ...

   www.ctvnews.ca › world › self-exiled-chinese

   Jul 16, 2024 · Over a seven-week trial, he was accused of deceiving thousands of people who put money into bogus investments and using the money to preserve a luxurious lifestyle.

8. www.bbc.co.uk › news › world-us-canada-65019134Guo Wengui: How a Chinese tycoon built a pro-Trump money ...

   www.bbc.co.uk › news › world-us-canada-65019134

   But instead of being invested, authorities say, the money was used by Guo and a London-based business partner, Kin Ming Je, to fund extravagant purchases - including expensive properties, a...

9. People also ask

   Did Guo cheat?

   • Over a seven-week trial, he was accused of deceiving thousands of people who put money into bogus investments and using the money to preserve a luxurious lifestyle. He was convicted of nine of 12 criminal counts, including racketeering conspiracy. Guo’s lawyers said prosecutors hadn’t proven he’d cheated anyone.

   Chinese billionaire Guo Wengui convicted of defrauding followers - AP …

   apnews.com/article/guo-wengui-chinese-businessman-fraud-9b8329c7ab8012f2dfa7c48c55fc5620

   See all results for this question

   How much money did Guo invest?

   • Prosecutors say hundreds of thousands of investors were convinced to invest more than US$1 billion in entities Guo controlled. Among those businesses and organizations was Guo’s media company, GTV Media Group Inc., and his so-called Himalaya Farm Alliance and the Himalaya Exchange.

   Guo Wengui convicted of defrauding followers after fleeing to U.S

   www.ctvnews.ca/world/self-exiled-chinese-billionaire-guo-wengui-convicted-of-defrauding-followers-after-fleeing-to-u-s-1.6966103

   See all results for this question

   How did Guo raise $1 billion?

   • Finkel said in the closing arguments last week that Guo raised more than $1 billion by guaranteeing his online followers that they would not lose money if they invested in his business and cryptocurrency schemes from 2018 to 2023.

   Guo Wengui: Exiled Chinese billionaire found guilty on federal fraud

   edition.cnn.com/2024/07/16/politics/guo-wengui-found-guilty/index.html

   See all results for this question

   Did Guo care about money?

   • "Mr Guo didn't care about the money," defence lawyer Sidhardha Kamaraju said in his closing argument last week. "He cared about the movement." The lawyer did not deny that his client lived lavishly, but he said prosecutors wanted jurors to take "leaps in logic" to find Guo guilty.

   Self-exiled Chinese billionaire found guilty of defrauding followers in

   www.abc.net.au/news/2024-07-17/self-exiled-chinese-billionaire-guo-wengui-found-guilty-of-fraud/104107432

   See all results for this question

   How much money did Guo spend on a lavish lifestyle?

   • Then, he said, Guo spent millions from investors on a lavish lifestyle for himself and his family that included a $1.1 million tortoise-shell jewelry box and some candlesticks, a million dollar chandelier, $36,000 mattresses, a $40,000 coffee table and a $250,000 antique rug, items kept at a family home in Mahwah, New Jersey.

   Self-exiled Chinese billionaire Guo Wengui convicted of defrauding foll…

   www.yahoo.com/news/self-exiled-chinese-billionaire-guo-193636034.html

   See all results for this question

   Did Guo sell GTV to investors?

   • The SEC alleged that Guo illegally sold cryptocurrency and stock in GTV to investors. It was not the end of his legal and financial troubles. In March 2023, he was arrested for wire fraud, securities fraud, bank fraud and money laundering.

   Guo Wengui: How a Chinese tycoon built a pro-Trump money machine

   www.bbc.co.uk/news/world-us-canada-65019134

   See all results for this question