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The Latest Breaking News from Guo Wengui

Shanghai Composite Index Rose 0.73% on Friday

Shenzhen Component Index closed up 0.36%

Caixin Global

$32m penthouse mysteriously catches fire during arrest of Chinese billionaire ally of Steve Bannon

Exiled Chinese billionaire Guo Wengui was taken into custody early Wednesday when federal agents swooped on his Central Park penthouse in the Sherry-Netherland Hotel on Manhattan’s Upper East Side

The Independent UK

US arrests Chinese billionaire on fraud rap

NEW YORK: A Chinese tycoon closely tied to an adviser to former US president Donald Trump has been arrested in New York and charged with bilking $1 billion from supporters of his anti-Beijing activities.

Bangkok Post

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Exiled Chinese tycoon Guo Wengui charged with billion-dollar fraud in US

Chinese billionaire Guo Wengui, the exiled businessman and vocal critic of Beijing with ties to former President Donald Trump adviser Steve Bannon, was charged with fraud after the U.S. seized $634 million linked to his alleged crimes.

Tribune News Service

Chinese tycoon and Bannon ally Guo Wengui charged with $1bn fraud

Chinese billionaire and CCP critic is accused of pocketing investment funds from his thousands of followers online.

Al Jazeera

News briefs

Senate confirms former LA Mayor Eric Garcetti as ambassador to India

Tribune News Service

Exiled Chinese business tycoon Guo Wengui arrested in Manhattan by feds for $1B fraud scheme

Manhattan federal prosecutors on Wednesday busted exiled Chinese tycoon Guo Wengui — whose yacht ex-White House adviser Steve Bannon was arrested aboard in 2020 — for a staggering billion-dollar fraud scheme.

Tribune News Service

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U.S. arrests a Chinese business tycoon in a $1 billion fraud conspiracy

Guo Wengui, long sought by the government of China and known for cultivating ties to Trump administration figures including Steve Bannon, was arrested on charges that he oversaw a fraud conspiracy.

WEKU

DOJ arrests associate of Steve Bannon over $1B fraud scheme

Guo allegedly promised his online followers outsized returns if they invested in his business entities.

Axios

Steve Bannon’s billionaire Chinese ally Guo Wengui arrested by FBI in sprawling fraud case

The far-right activist and former Trump adviser was arrested on Guo Wengui’s yacht in 2020

The Independent UK

Chinese businessman arrested in $1 billion fraud conspiracy

A self-exiled Chinese businessman has been arrested in New York on charges alleging that he oversaw a $1 billion fraud conspiracy

The Independent UK

Justice Department Sues Steve Wynn For Lobbying Trump On China's Behalf

The U.S. Department of Justice filed a civil enforcement action against hotel and casino executive Steve Wynn that would force him to register as a foreign agent working on behalf of the Chinese government.

Benzinga

US sues casino mogul Steve Wynn to compel him to register as agent of China

Justice department says Wynn lobbied the Trump administration for China to protect his business interests in Macau

The Guardian - US

Inside the secret chat rooms censoring critics on a pro-Trump 'free speech' social media app

An ABC investigation uncovers how covert chat rooms partly run by Australian followers of an anti-Chinese government movement are targeting and censoring critics on "free speech" platform Gettr.

ABC News

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news in one place.

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ABC News

A fugitive Chinese billionaire claims this cryptocurrency will overthrow Beijing. The trading platform denies concerns that it has some 'hallmarks of a scam'

An ABC investigation unravels a sophisticated cryptocurrency operation endorsed by a political movement founded by exiled billionaire Guo Wengui and former Trump adviser Steve Bannon.

The Independent UK

Fugitive Chinese billionaire and Bannon ally threatens to leave the US after judge orders him to pay $134m or face arrest

Chinese billionaire faces threat of arrest from furious judge

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