Thursday, August 13, 2026
VideoAdmin
NewsWhite
Chinese tycoon Guo Wengui sentenced to 30 years in US prison for fraud
WORLD
Unverified

Chinese tycoon Guo Wengui sentenced to 30 years in US prison for fraud

By Alastair McCready in TaipeiJune 30, 2026·Source: The Guardian·0 views

Share This Article

Guo Wengui, who gained fans for criticising China’s Communist party, was found guilty in 2024 on nine charges including money launderingA 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 arrested Guo, who is in his fifties, in March 2023 at his luxury Manhattan apartment overlooking Central Park.

Continue reading...

Share This Article

Originally reported by The Guardian. Read the original article

Related Articles

'Awful' Raleigh takes blame as M's lose 5th in row
WORLD

'Awful' Raleigh takes blame as M's lose 5th in row

Cal Raleigh, saddled with a .159 average a year after finishing second in the AL MVP race, acknowledged his struggles after the Seattle Mariners' 4-1 loss to the New York Yankees on Tuesday night, telling reporters "I've got to find a way to be better."

ESPN·22h ago
Steph still on track to be Warrior for life, GM says
WORLD

Steph still on track to be Warrior for life, GM says

Warriors GM Mike Dunleavy expressed confidence once again that Stephen Curry -- who is on an expiring deal this season -- will remain with the Warriors until he retires.

ESPN·22h ago
Tulsa kept from chance at LLBWS bid, judge rules
WORLD

Tulsa kept from chance at LLBWS bid, judge rules

A Texas judge backed a decision to remove a Tulsa, Oklahoma, team from the Southwest Region and keep it from playing in Tuesday's title game for a spot in the Little League Baseball World Series, according to a statement from a Little League spokesperson.

ESPN·22h ago
White rips critics, backed by Fever after fans boo
WORLD

White rips critics, backed by Fever after fans boo

Fever coach Stephanie White spoke out against her critics and received vocal support from Caitlin Clark and Sophie Cunningham after she was booed in Indiana before Tuesday's win over the Liberty.

ESPN·22h ago