Guo Wengui, a former Chinese property mogul turned US-based Communist Party critic, received a 30-year prison sentence for orchestrating a billion-dollar scam.
The former property tycoon fled China in 2017
Jun 30, 2026
04:23 pm
What's the storyGuo Wengui, once regarded as one of China's wealthiest businessmen, has been sentenced to 30 years in prison in the United States for his involvement in a billion dollar fraud scheme.
The former property tycoon fled China in 2017 and later reinvented himself as a critic of the Communist Party while building a large online following.
Guo Wengui, who gained fans for criticising Communist party in China, was found guilty in 2024 on nine charges including money…
A self-exiled billionaire Chinese business tycoon has been sentenced to 30 years in prison for his fraud conviction
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A U.S. federal judge has sentenced exiled Chinese entrepreneur Guo Wengui to 30 years in prison for defrauding investors of more…
