Guo Wengui Photo: Don Emmert/AFP/Getty Images A Ferrari, a Bugatti and $36,000 Mattresses: Prosecutors Say Chinese Businessman Stole $1 Billion in Fraud Scheme
Prosecutors argued that Guo Wengui's online activities included multiple fraud schemes. Guo has been linked to ex-White House strategist Steve Bannon.
March 15, 2023 at 06:13 PM
3 minute read
Criminal Law
The U.S. Attorney's Office for the Southern District of New York on Wednesday announced that Guo Wengui, a Chinese businessman linked to former Trump adviser Steve Bannon, has been charged with an array of fraud and money laundering offenses after allegedly stealing more than $1 billion from his internet followers.
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