Chinese Billionaire Convicted of Racketeering and Wire Fraud in US
![Chinese Billionaire Convicted of Racketeering and Wire Fraud in US](https://cryptoinvestment.at/wp-content/uploads/2024/07/chinese-billionaire-convicted-of-racketeering-and-wire-fraud-in-us.jpg)
Exiled Chinese billionaire Guo Wengui, also known as Miles Guo, has been convicted by a U.S. jury on charges including racketeering conspiracy and wire fraud. Guo defrauded followers of over $1 billion, primarily through false investment schemes in cryptocurrency. U.S. Attorney Damian Williams stated that Guo faces decades in prison. His fraudulent activities funded a […]