Exiled Chinese entrepreneur Miles Guo handed 30-year prison term for $550m fraud
TL;DR Summary
Exiled Chinese entrepreneur Miles Guo was sentenced in New York to 30 years in prison and ordered to forfeit $889 million after prosecutors said he siphoned more than $550 million from online followers to fund a lavish lifestyle, while ties to Steve Bannon and the New Federal State of China underscored his controversial influence.
- Chinese exile Miles Guo given 30 years in prison for $550mn fraud Financial Times
- Self-exiled Chinese billionaire gets 30 years in US prison for fraud conviction Politico
- Guo Wengui: Chinese tycoon sentenced to 30 years in US jail BBC
- Guo Wengui, China Critic and Tycoon, Sentenced to 30 Years for Fraud WSJ
- Former Chinese Billionaire and Bannon Associate Is Sentenced for Fraud The New York Times
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