Victims invested in loans meant for wealthy wine collectors - except that neither the collectors nor their wine existed. Read ...

Exiled Chinese tycoon Guo Wengui convicted in billion-dollar fraud scheme Prosecutors said Guo Wengui and his business partner solicited more than $1 billion of investments in various entities and ...

Guo Wengui, a once-famous Chinese billionaire now exiled in the U.S. was found guilty by a federal jury of orchestrating a vast fraud operation that duped his internet followers of hundreds of ...

Guo Wengui, an exiled Chinese billionaire known for his criticism of the Chinese Communist Party and close ties with American conservatives, was convicted by a U.S. jury on Tuesday of defrauding ...

NEW YORK (AP) — Guo Wengui, a self-exiled Chinese business tycoon whose criticism of the Communist Party won him legions of online followers and powerful friends in the American conservative ...