Chinese Billionaire Guo Wengui Sentenced to 30 Years for Defrauding Over 1,000 Investors Worldwide
Guo Wengui, a self-exiled Chinese billionaire and Communist Party critic, has been sentenced to 30 years in a US federal prison for orchestrating a massive financial fraud that defrauded more than 1,000 victims worldwide of hundreds of millions of dollars between 2018 and 2023.