Self-exiled Chinese billionaire Guo Wengui convicted of defrauding followers after fleeing to US

Fugitive Chinese Billionaire Guo Wengui Convicted in U.S.

Fugitive Chinese Billionaire Guo Wengui Convicted in U.S. -Businessman-turned-influencer faces decades in prison for racketeering conspiracy, money laundering and multiple frauds

Self-exiled Chinese Billionaire Guo Wengui Convicted of Fraud in US Court

Guo won fame for his criticism of the CCP and links to prominent U.S. conservatives. Now he’s been convicted of a massive multiyear racketeering operation.

Exiled Chinese billionaire convicted of defrauding followers after fleeing to US

While in the US Guo Wengui developed a close relationship with Steve Bannon

Chinese tycoon Guo Wengui convicted of fraud in the US

A wealthy Chinese businessman Guo Wengui, a self-styled opponent of the authorities in Beijing, was found guilty of defrauding customers of more than $1 billion in a New York federal court on Tuesday, prosecutors said. Guo presented himself as a fierce critic of the Chinese Communist Party and a fervent defender of democracy, while keeping links with US right-wing figure Steve Bannon, recently jailed in a separate case.

Exiled Chinese businessman Guo Wengui convicted at US fraud trial

Guo Wengui's defence lawyers portrayed him as an ardent dissident who flaunted his wealth as part of his political critique of the Chinese Communist Party.

Chinese billionaire convicted of fraud

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, was convicted by a U.S. jury Tuesday of engaging in a massive multiyear fraud that ripped off some of his most devoted fans. Once believed to be among the richest people in China, Guo was arrested in New York in March of 2023 and accused of operating a r…