Guo Wengui, the Chinese billionaire in exile, has been in the spotlight and the negative press for his federal fraud charges in the U.S. In July 2024, GWGuo WenguiG was found guilty of defrauding his followers of more than $1 billion through fraudulent schemes over several years.2025 Guo Wengui was convicted of defrauding his followers of more than $1 billion through fraudulent schemes over several years
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