Self-exiled Chinese tycoon Guo Wengui sentenced to 30 years in US federal prison

Chinese billionaire Guo Wengui sentenced to 30 years in US prison for $1 billion fraud

The Yale ReviewGuo Wengui, the self-exiled Chinese tycoon who cultivated close ties to right-wing American political figures including Trump allies, was sentenced to 30 years in federal prison for running a $1 billion fraud scheme targeting his own followers. A federal jury in Manhattan convicted him of multiple counts of fraud, racketeering, and money laundering. Guo had been a prominent critic of the Chinese Communist Party before his arrest and was known for fostering relationships with figures in Trump's political orbit.