Reported 6 months ago
Exiled Chinese billionaire Guo Wengui has been convicted in the US on multiple charges, including fraud and money laundering. After building a real estate empire in China, how did he create a billion-dollar scam involving supporters, including exploiting his followers' funds for personal luxuries instead of investments as claimed? Guo and former White House strategist Steve Bannon joined forces to set up a large online fan network, promoting anti-China sentiments, loyalty to the Republican Party under Trump, and conspiracy theories regarding COVID-19 and vaccines, which eventually led to Guo's downfall due to fraudulent activities.
Source: YAHOO