Guo Wengui convinced hundreds of thousands of people to invest more than $US1 billion but instead spent their money on a lavish lifestyle that included a superyacht and a New York penthouse.

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