Chinese Businessman
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Guo Wengui, an exiled Chinese businessman and outspoken critic of Beijing’s communist government, faced conviction on Tuesday in his U.S. trial for stealing hundreds of millions of dollars from online followers. The trial, lasting seven weeks, ended with Guo found guilty on nine of the 12 criminal counts, including racketeering conspiracy and wire fraud. U.S.…
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Jury selection begins on Wednesday in the criminal trial of exiled Chinese businessman Guo Wengui. U.S. prosecutors accuse Guo of defrauding thousands of investors and supporters out of more than $1 billion. The trial, overseen by U.S. District Judge Analisa Torres in Manhattan, could extend into July. Prosecutors aim to prevent Guo, a fierce critic…
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