Guo Wengui: Exiled Chinese Billionaire Convicted of Fraud

Who is Guo Wengui?

Miles Guo, aka Ho Wan Kwok

Guo Wengui, also known as Miles Guo and Ho Wan Kwok, is an exiled Chinese billionaire who was born on either May 10, 1970, or October 5, 1968. He gained prominence as a critic of the Chinese Communist Party and a promoter of conspiracy theories about the Chinese government.

Guo Wengui's Fraud Conviction

On Tuesday, Guo Wengui was convicted in a US federal court of defrauding thousands of his followers out of over $1.9 billion. Prosecutors alleged that Guo used his influence to promote a cryptocurrency investment scheme that promised high returns. Many investors lost significant amounts of money in the scheme.

Guo Wengui's Political Connections

Guo Wengui fled China in 2014 after falling out with the Chinese government. He has since allied himself with various right-wing figures in the United States, including former Donald Trump adviser Steve Bannon. Guo has used his connections to promote his anti-communist views and spread conspiracy theories about China.

Guo Wengui's Legacy

Guo Wengui's conviction is a significant development in the ongoing US investigation into Chinese influence in American politics. It remains to be seen whether Guo will face further charges or if his conviction will deter other Chinese citizens from engaging in similar fraudulent schemes.