Prosecutor informs the jury that a wealthy Chinese businessman who has self-exiled himself has defrauded thousands of dollars amounting to $1 billion.

Reported 6 months ago

A wealthy Chinese businessman, Guo Wengui, is accused of defrauding thousands of people worldwide of $1 billion, allowing him to live extravagantly with a mansion, two yachts, and luxury items like a $35,000 mattress. The prosecutor claims Guo scammed individuals into investing in bogus schemes promising riches, while his defense argues he is innocent and had amassed wealth through legitimate means. Guo, a vocal critic of the Chinese Communist Party, faced allegations of various crimes by the Chinese government, and his trial in New York is expected to last seven weeks.

Prosecutor informs the jury that a wealthy Chinese businessman who has self-exiled himself has defrauded thousands of dollars amounting to $1 billion.

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