Billionaire Receives 30 Year Prison Sentence For Deceiving People Into Donating Millions Under The Guise Of Financing a Political Movement
On June 29th, Chinese billionaire Miles Guo, also known as Guo Wengui and Ho Wan Kwok, was sentenced to 30 years in federal prison. A federal jury had previously convicted him on charges including racketeering, conspiracy, wire fraud, securities fraud, and money laundering. Judge Analisa Torres also ordered him to forfeit roughly $889 million. According … Read more