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  1. 3 hours ago · Guo Wengui, an exiled Chinese businessman with ties to former Donald Trump adviser Steve Bannon, sits as he appears on charges of leading a complex conspiracy to defraud Guo's online followers out ...

  2. 3 hours ago · Guo “brazenly operated several interrelated fraud schemes, all designed to fleece his loyal followers out of their hard-earned money so that Guo could spend his days in his 50,000-square-foot mansion, driving his $1 million Lamborghini, or lounging on his $37 million yacht,” Manhattan US Attorney Damian Williams said in a statement after ...

  3. 6 days ago · The fraud trial of Guo Wengui neared its end on Wednesday, as a prosecutor told jurors the exiled Chinese businessman duped his followers into providing millions of dollars he spent on luxuries...

  4. 5 days ago · Guo Wengui fled China and allied with the American right in a quixotic quest to end Communist rule. U.S. prosecutors say he stole over $1 billion from his followers.

  5. Jul 17, 2024 · The jury found Guo guilty on all 12 counts against him, including racketeering, securities fraud, wire fraud and money laundering, in a trial that lasted seven weeks. He had pleaded not guilty to ...

  6. 23 hours ago · NEW YORK -- Guo 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 ...

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  8. 23 hours ago · By Luc Cohen. NEW YORK (Reuters) -Guo Wengui, an exiled Chinese businessman and outspoken opponent of Beijing’s communist government, was convicted on Tuesday in his U.S. trial on charges of stealing hundreds of millions of dollars from online followers. Federal prosecutors in Manhattan said Guo raised more than $1 billion by guaranteeing ...

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