US: Self-exiled Chinese billionaire sentenced to 30 years in prison
Key takeaways
- Guo Wengui was a close ally of former Donald Trump aide Steve Bannon, with whom he co-founded a movement aiming to overthrow the Chinese government.
- https://p.dw.com/p/5GHpf Guo Wengui is a prominent critic of the Chinese Communist Party and says his aim is to 'destroy the CCP' [FILE: November 20, 2019]Image: Don Emmert/AFPAdvertisement.
- A jury in New York found Guo Wengui guilty of multipe offenses, including fraud and money laundering, with a US federal judge saying the scheme affected hundreds of people worldwide.
Why this matters: an international story with cross-border implications worth tracking.
Guo Wengui was a close ally of former Donald Trump aide Steve Bannon, with whom he co-founded a movement aiming to overthrow the Chinese government.
https://p.dw.com/p/5GHpf Guo Wengui is a prominent critic of the Chinese Communist Party and says his aim is to 'destroy the CCP' [FILE: November 20, 2019]Image: Don Emmert/AFPAdvertisement. A self-exiled Chinese billionaire was sentenced to 30 years in a US prison on Monday for defrauding investors of more than $1 billion (€880 million).
A jury in New York found Guo Wengui guilty of multipe offenses, including fraud and money laundering, with a US federal judge saying the scheme affected hundreds of people worldwide.