Former Chinese Billionaire and Bannon Associate Is Sentenced for Fraud

DNyuz

DNyuz

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June 30, 2026

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lean right
Former Chinese Billionaire and Bannon Associate Is Sentenced for Fraud

Guo Wengui, a Chinese businessman who transformed himself from a Beijing insider into an anti-Communist crusader and ally of the American far right, was sentenced to 30 years in prison on Monday for defrauding investors, including many of his own fervent supporters, of hundreds of millions of dollars. Mr. Guo, who had made a fortune []

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