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Ultra-wealthy Chinese exile in New York sentenced to 30 years for fraud
Hong Kong Free Press
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Exiled Chinese entrepreneur Guo Wengui, convicted of defrauding thousands of people of more than $1 billion, was sentenced Monday to 30 years in prison by a federal court in New York, US media reported.
In July 2024, a jury unanimously found him guilty of fraud and various securities offenses, wire fraud and money laundering.
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