Chinese Billionaire Convicted of Racketeering and Wire Fraud in US
Submitted by Anonymous (not verified) on Sat, 07/20/2024 - 06:50
Exiled Chinese billionaire Guo Wengui, also known as Miles Guo, has been convicted by a U.S. jury on charges including racketeering conspiracy and wire fraud. Guo defrauded followers of over $1 billion, primarily through false investment schemes in cryptocurrency. U.S. Attorney Damian Williams stated that Guo faces decades in prison. His fraudulent activities funded a […]