Chinese tycoon Guo Wengui sentenced to 30 years in US prison for fraud
Guo Wengui, who gained fans for criticising China’s Communist party, was found guilty in 2024 on nine charges including money laundering A US federal court has sentenced exiled Chinese tycoon Guo Wengui to 30 years in prison, after he was convicted of defrauding thousands of people out of more than $1bn. In July 2024 , a jury unanimously found Guo, also known as Ho Wan Kwok and Miles Guo, guilty on nine of 12 charges, including securities offences, wire fraud and money laundering. The FBI arrest
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Guo Wengui maintained ties with right-wing figures in the US including Steve Bannon, a long-time ally of US president Donald Trump. Photograph: Carlo Allegri/ReutersView image in fullscreenGuo Wengui maintained ties with right-wing figures in the US including Steve Bannon, a long-time ally of US president Donald Trump. Photograph: Carlo Allegri/ReutersChinaChinese tycoon Guo Wengui sentenced to 30 years in US prison for fraudGuo Wengui, who gained fans for criticising China’s Communist party, was found guilty in 2024 on nine charges including money launderingAlastair McCready in TaipeiTue 30 Jun 2026 00.22 EDTSharePrefer the Guardian on GoogleA US federal court has sentenced exiled Chinese tycoon Guo Wengui to 30 years in prison, after he was convicted of defrauding thousands of people…
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