The businessman courted U.S. conservatives as an anti-Communist crusader while using his supporters’ money to buy lavish homes and a Bugatti supercar.
Category: Guo Wengui
-
Fraud Case Against Rich Exile Who Riled Beijing Goes to Jury
Guo Wengui fled China and allied with the American right in a quixotic quest to end Communist rule. U.S. prosecutors say he stole over $1 billion from his followers.
-
Fraud Trial to Begin for Chinese Billionaire Who Allied Himself With America’s Right
Charged with defrauding thousands of investors in the U.S. and overseas of more than $1 billion, Guo Wengui could face decades in prison.
-
The Undoing of Guo Wengui, Billionaire Partner to Trump Allies
He cultivated powerful allies and built an empire in China. Then, fleeing charges, he turned his charms on America. Now the law has caught up with him.