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The Latest Breaking News from Miles Guo

A 50,000-square-foot Gilded Age mansion was bought for $26 million by a convicted fraudster; now the estate is being sold to help settle a $1 billion bankruptcy

A 50,000-square-foot Gilded Age mansion in Mahwah, New Jersey, has become one of the most striking assets caught up in the billion-dollar bankruptcy of convicted fraudster Miles Guo. The historic ‘Crocker-McMillin mansion,’ built in 1907 for railroad heir ‘George Crocker,’ was purchased by Guo for $26 million in 2021, only…

The Times of India · Sep 2

Chinese tycoon Guo Wengui sentenced to 30 years in US prison for fraud

Guo Wengui, who gained fans for criticising Communist party in China, was found guilty in 2024 on nine charges including money laundering

The Guardian - AU · Jun 30

Fugitive billionaire who vowed to destroy China’s communist regime jailed for 30 years in $1bn fraud scandal

The judge said Guo ‘preyed on those seeking to bring Democracy to China,’ taking their money so he could live lavishly

The Independent UK · Jun 29

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Yvette Wang Pleads Guilty in the U.S., Agrees to Pay a Staggering $2.8 Billion in Restitution

The Office of the U.S. Attorney for the Southern District of New York announced that 45-year-old New York resident Yvette Wang has pleaded guilty to charges of conspiracy to commit fraud and money laundering.

inkl · Oct 29, 2024

Donald Trump Jr named in court documents in bankruptcy case of Chinese billionaire

Former Trump White House adviser Peter Navarro was also named as a possible defendant

The Independent UK · Jan 12, 2024

George Santos suggests his five-year-old niece was abducted by Chinese communists

George Santos implied the disappearance may have been in retaliation for his vocal stance against the Chinese Communist Party

The Independent UK · Oct 23, 2023

George Santos wildly claims his arrest is linked to his support of jailed Chinese billionaire Miles Guo

‘I asked questions about #MilesGuo & the DOJ indicts me 5 days later!’ Santos says in Twitter fundraising appeal after his arrest

The Independent UK · May 11, 2023

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$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 · Mar 16, 2023

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 · Mar 16, 2023

News briefs

Senate confirms former LA Mayor Eric Garcetti as ambassador to India

Tribune News Service · Mar 15, 2023

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 · Mar 15, 2023

Chinese business tycoon and Bannon ally Guo Wengui arrested in $1bn fraud conspiracy

US attorney says Wengui, also known as Miles Guo and Ho Wan Kwok, used stolen money to buy a $3.5m Ferrari and finance a $37m yacht

The Guardian - US · Mar 15, 2023

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