MAGA World’s Favorite Chinese Billionaire Charged With $1 Billion Fraud

Malaysia News News

MAGA World’s Favorite Chinese Billionaire Charged With $1 Billion Fraud
Malaysia Latest News,Malaysia Headlines
  • 📰 NYMag
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

The mysterious businessman Guo Wengui has been funding operatives like Steve Bannon for years — and allegedly defrauding his investors.

and L. Lin Wood. Since 2020, he has promoted COVID vaccine misinformation and funded rallies to contest Joe Biden’s election win.

The Justice Department is accusing Guo and his financial adviser Kin Ming Je of “misappropriat[ing] hundreds of millions of dollars in fraudulently obtained funds” by lying to his online followers and encouraging them to invest in his firms like his TV network, GTV Media Group.

Neither Guo or Je has entered a plea yet. Je remains at large, while Guo was arrested in New York, where he was living in a penthouse that just went on the market for

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

NYMag /  🏆 111. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Exiled Chinese billionaire Guo Wengui, an ally of Steve Bannon, arrested by FBIExiled Chinese billionaire Guo Wengui, an ally of Steve Bannon, arrested by FBIBREAKING: Guo Wengui, an exiled Chinese billionaire with business ties to Steve Bannon, has been arrested on federal charges out of New York.
Read more »

Steve Bannon Pal Guo Wengui Arrested in $1 BILLION Fraud ConspiracySteve Bannon Pal Guo Wengui Arrested in $1 BILLION Fraud ConspiracyHe allegedly spent the cash on a 50,000-square-foot New Jersey mansion, a $3.5 million Ferrari, Chinese and Persian rugs worth nearly $1 million, and a $4.4 million Bugatti.
Read more »

DOJ charges Chinese businessman Guo Wengui, associate of Steve Bannon, in $1 billion fraudDOJ charges Chinese businessman Guo Wengui, associate of Steve Bannon, in $1 billion fraudProsecutors accused Guo Wengui, an associate of former Trump White House advisor Steve Bannon, of a large conspiracy that duped his online followers.
Read more »

Steve Bannon Associate Guo Wengui Arrested In $1 Billion Fraud ConspiracySteve Bannon Associate Guo Wengui Arrested In $1 Billion Fraud ConspiracyThe self-exiled Chinese businessman misappropriated hundreds of millions of dollars, federal prosecutors said.
Read more »

Guo Wengui Charged in Alleged $1 Billion Fraud ConspiracyGuo Wengui Charged in Alleged $1 Billion Fraud ConspiracyBreaking: U.S. prosecutors charged exiled Chinese businessman Guo Wengui with duping investors out of hundreds of millions to buy a mansion, a yacht and other things
Read more »

U.S. charges exiled Chinese businessman Guo Wengui with fraudU.S. charges exiled Chinese businessman Guo Wengui with fraudThe U.S. government on Wednesday charged exiled Chinese businessman Guo Wengui with fraud, accusing him of leading a complex conspiracy to defraud his online followers out of more than $1 billion.
Read more »



Render Time: 2025-03-01 08:58:41