Guo Wengui, a self-exiled Chinese business tycoon whose criticism of the Communist party garnered him many internet fans and significant adherents in the American conservative movement, was found by a US jury. He was declared guilty on Tuesday of participating in a massive, multi-year scam that defrauded some of his most sincere supporters.
Guo, formerly believed to be one of the wealthiest persons in China, was detained in New York in March 2023 and charged with running a racketeering operation from 2018 to 2023.
He was charged during a seven-week trial with misleading thousands of individuals into investing in fraudulent ventures to maintain a luxurious lifestyle. Nine criminal accusations were drawn against him, including racketeering conspiracy, and was found guilty.
Guo’s attorneys claimed the prosecution had not shown that he had deceived anyone.
Guo, who goes by Miles Kwok, fled China in 2014 as part of an anti-corruption campaign that allegedly involved a senior intelligence official and other individuals connected to him.
Chinese authorities accused Guo of rape, kidnapping, bribery, and other crimes; however, Guo stated that these accusations were baseless and intended as retaliation for his public disclosure of corruption while criticizing prominent Communist Party members.
He relocated to a lavish apartment with a view of Central Park, filed for political asylum in the US, and became a member of Donald Trump’s Florida Mar-a-Lago club.
Guo became good friends with Steve Bannon, Trump’s former political strategist, while he was residing in New York. Guo and Bannon declared they were going to work together to topple the Chinese government in 2020.
According to the prosecution, Guo influenced hundreds of thousands of people to spend more than $1 billion on companies. Guo’s media company, GTV Media Group Inc., as well as his claim in Himalaya Farm Alliance and Himalaya Exchange, were among the companies and organizations.
An assistant US attorney, Ryan Finkel, stated during the closing argument that Guo “spouted devious lies to trick his followers into giving him money.”
According to the source, Guo had made multiple films and broadcasts where he assured his viewers that their investments with him would not result in a loss of money.
“I have wealth. Guo told them, “I’ll take care of you,” according to the prosecutor.
- Published By Team Genuine Reporter