Guo Wengui, the self-exiled Chinese billionaire turned US-based Communist Party critic, was sentenced Monday to 30 years in federal prison by Judge Analisa Torres in Manhattan. The judge said his fraud cost more than 1,000 people worldwide hundreds of millions of dollars, telling the courtroom that he “preyed on those seeking to bring democracy to China” to fund a lavish personal lifestyle. It’s the latest and most decisive chapter in years of legal trouble for Guo, who fled China a decade ago and built a second life in the US…
Read MoreGuo Wengui Sentenced to 30 Years in US Fraud Case After Massive Investor Fraud Conviction
