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Chinese billionaire Guo Wengui gets 30 years in U.S. prison for fraud conviction

NPR
June 30, 2026 at 1:43 AM
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Chinese billionaire Guo Wengui gets 30 years in U.S. prison for fraud conviction

Guo said he came to the U.S. to destroy the Chinese Communist Party. But the judge said he instead diverted investor money to live lavishly.

In this courtroom sketch, Guo Wengui, Chinese business tycoon, makes his sentencing statement at Manhattan federal court in New York, Monday, June 29, 2026.

Guo said he came to the U.S. to destroy the Chinese Communist Party. But the judge said he instead diverted investor money to live lavishly.

(Image credit: Elizabeth Williams)