Case profileSentencedFederalFederal

USA v. Guo Wengui

Guo Wengui was sentenced to 30 years in federal prison after conviction for a financial fraud scheme affecting over 1,000 victims worldwide. A federal judge ordered him to forfeit $889 million in restitution.

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$889.00M alleged loss1,000 victimsFiled: Jun 30 · 00:21 UTCUpdated: Jun 30 · 02:27 UTC

Defendant (1)

Guo Wengui
Billionaire4 cases

Charges

Investment fraud
Wire fraud

Source

News article

https://www.local10.com/business/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 30 · 00:21 UTC