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Jul 16, 2024 · Guo Wengui, the exiled Chinese billionaire, was convicted in a federal court on Tuesday for defrauding thousands of his followers of more than $1 billion.
An exiled Chinese billionaire has now been found guilty of multiple charges, including fraud and money laundering. Here's a look into how Guo Wengui, who built up a real estate empire in China...
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 · 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.
Mar 16, 2023 · Guo Wengui owns the penthouse apartment of a building on Manhattan's Upper East Side. Starting in September last year, the US government seized approximately $634m of the proceeds from 21...
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Jul 16, 2024 · Chinese Tycoon Guo Guilty in US of $1 Billion Investor Fraud. Guo made videos in his NYC penthouse and yacht to raise cash; US said case was about fraud, not Guo’s political activism
