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.
Category: Securities and Commodities Violations
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Archegos Founder Bill Hwang Found Guilty on 10 Charges
The 2021 collapse of Archegos Capital Management led to some $10 billion in losses for some Wall Street banks. He could spend the rest of his life in prison.
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Multibillion-Dollar Fraud Trial Against Archegos Founder Nears Its End
Prosecutors and lawyers presented closing arguments in the case against Bill Hwang, who is charged with 11 counts including securities fraud and racketeering.
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How Crypto Money Is Poised to Influence the Election
The industry’s political awakening — and enormous pool of cash — is already affecting high-profile races across the country.
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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.
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Trial to Begin for Ozy Founder Carlos Watson
Mr. Watson’s lawyer has argued that many other media leaders lured investors with “puffing and bluffing,” and that Mr. Watson is being singled out because he is Black.
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Trial to Begin for Ozy Founder Carlos Watson
Mr. Watson’s lawyer has argued that many other media leaders lured investors with “puffing and bluffing,” and that Mr. Watson is being singled out because he is Black.
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Financier Found Guilty in Trump Media Insider Trading Trial
Bruce Garelick was convicted of securities fraud for leaking confidential information about a merger involving the parent company of Truth Social, Donald Trump’s social media site.
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Auditor That Works for Trump Media Charged With Fraud
Regulators said BF Borgers failed to abide by accounting rules that its public company clients are required to follow.
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How Sam Bankman-Fried’s Sentence Compares With Other White-Collar Cases
Here’s how the former crypto mogul’s 25-year sentence stacks up against the prosecutions of Michael Milken, Bernie Madoff and others.
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China Evergrande Founder Accused of Exaggerating Revenue by $78 Billion
China’s securities regulator fined the developer’s founder, Hui Ka Yan, and banned him from participating in the country’s financial markets for life.