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Self-exiled Chinese billionaire Guo Wengui jailed for 30 years in US for fraud conviction

South China Morning Post 30 June 2026 7h ago
Self-exiled Chinese billionaire Guo Wengui jailed for 30 years in US for fraud conviction
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A self-exiled billionaire Chinese business tycoon once believed to be among China’s wealthiest men was sentenced on Monday to 30 years in a US prison for a massive financial fraud that a federal judge said cost over 1,000 people worldwide hundreds of millions of dollars. Guo Wengui, who fled China a decade ago and reinvented himself as a US-based Communist Party critic, was sentenced in a Manhatta
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