Chinese Billionaire and Bannon-Linked Businessman Arrested in NYC Fraud Conspiracy

1 min read
Source: New York Post
Chinese Billionaire and Bannon-Linked Businessman Arrested in NYC Fraud Conspiracy
Photo: New York Post
TL;DR Summary

Authorities are investigating whether the fire that broke out in the Manhattan apartment of Chinese billionaire and accused fraudster Guo Wengui was started remotely. Guo's luxury apartment was wired for sound to record his visitors, and the fire destroyed his wood-paneled library. Guo was charged with running a billion-dollar fraud scheme and using the ill-gotten gains to buy a New Jersey mansion, a yacht, and other lavish items. He faces a maximum sentence of life in prison if convicted.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

2 min

vs 3 min read

Condensed

86%

55379 words

Want the full story? Read the original article

Read on New York Post