US officials arrested Guo Wengui, an exiled Chinese businessman wanted by the Beijing regime and close to prominent figures in the Trump administration, including Steve Bannon, in New York. Lawyers for the Southern District of New York announced that Guo had been charged 12 times in the United States for alleged billion-dollar fraud. The charges against him include bank fraud, online fraud and money laundering. Guo’s right-hand man, Kin Ming Je, a Hong Kong national and a British national, was also charged with obstruction of justice.
China can celebrate. Guo, who left the Asian country in 2014 after the start of Xi Jinping’s anti-corruption campaign, allegedly devised a complex plan to steal one billion dollars from thousands of his followers, with this money to buy a house, a Ferrari, a car. yacht and even two mattresses for 36 thousand dollars. He was recommended by Tony Blair to purchase a penthouse on New York’s Fifth Avenue.
In addition, “to spoil the outcome of the 2020 election, Bannon would have paid hundreds of thousands of dollars to Trump advisers, including Rudy Giuliani”. Bannon met Guo in 2016 and called him the “Donald Trump of Beijing”. Ed was on his Long Island yacht when he was arrested for fraud in August 2020. In 2018, he founded the Rule of Law Foundation and the Rule of Law Association, two nonprofits used to recruit followers he would later defraud.
Who is Guo Wengui?
Guo, also known as Miles Kwok, was one of the richest men in China, with a fortune estimated at $1.1 billion in 2015 by Forbes. The businessman left the Asian country when the anti-corruption campaign launched by Xi Jinping began. Guo is actually accused of corruption, kidnapping and other crimes by the Beijing regime. However, he always defended himself and claimed to be a victim of persecution, as he criticized some prominent figures of the Communist Party.
Source: Today IT
Karen Clayton is a seasoned journalist and author at The Nation Update, with a focus on world news and current events. She has a background in international relations, which gives her a deep understanding of the political, economic and social factors that shape the global landscape. She writes about a wide range of topics, including conflicts, political upheavals, and economic trends, as well as humanitarian crisis and human rights issues.
