Self-exiled Chinese billionaire gets 30 years in US jail for ‘astonishing’ fraud
General Idaho
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June 30, 2026
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Associated Press New York (AP) — A self-exiled billionaire Chinese business tycoon once believed to be among China’s wealthiest men was sentenced 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
Source: https://localnews8.com/feed/ - Read Original
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