Case profileSentencedFederalFederal

USA v. Guo Wengui

Guo Wengui was sentenced to 30 years in prison after conviction for a financial fraud scheme that allegedly cost over 1,000 victims hundreds of millions of dollars. The judge noted victim testimony describing lost life savings and severe emotional distress.

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1,000 victimsFiled: Jun 29 · 23:14 UTCUpdated: Jun 30 · 01:27 UTC

Defendant (1)

Guo Wengui
Billionaire4 cases

Charges

Investment fraud
Wire fraud

Source

News article

https://www.local10.com/news/2026/06/29/self-exiled-chinese-billionaire-guo-wengui-gets-30-years-in-us-prison-for-fraud-conviction/

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

WPLG Local 10 Miami · Jun 29 · 23:14 UTC