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CRIMEJun 30 · 00:21 UTCWPLG LOCAL 10 MIAMIBy MICHAEL R. SISAK, JENNIFER PELTZ and LARRY NEUMEISTER, Associated Press

Self-exiled Chinese billionaire Guo Wengui gets 30 years in US prison for fraud conviction

Self-exiled Chinese billionaire Guo Wengui was sentenced to 30 years in a U.S. prison for a financial fraud scheme that cost over 1,000 people worldwide hundreds of millions of dollars. A federal judge ordered him to forfeit $889 million in restitution after victims testified about financial and emotional losses.

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