A U.S. federal judge has sentenced exiled Chinese entrepreneur Guo Wengui to 30 years in prison for defrauding investors of more than $1 billion.

Guo said he came to the U.S. to destroy the Chinese Communist Party. But the judge said he instead diverted investor money to live lavishly.

Self-exiled Chinese billionaire Guo Wengui, who fostered ties to American right, gets 30 years in U.S. prison for fraud