Exiled Chinese tycoon Guo Wengui arrested in the US over fraud charges worth US$1 billion

By Corruption Buzz On Mar 19, 2023

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Fugitive Chinese businessman Guo Wengui was arrested in New York on March 15, 2023, over allegations that he conspired to defraud thousands of online followers out of more than US$1 billion. The 52-year-old self-described billionaire is known for his criticisms of China’s Communist Party and his association with Steve Bannon, a one-time adviser to former US president Donald Trump.

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