Chinese Real Estate Tycoon Guo Wengui Sentenced to 30 Years in US for $1 Billion Fraud

New York. Real estate tycoon Guo Wengui, once considered one of China's richest businessmen, has been sentenced to 30 years in prison in the United States for a $1 billion scam.

He fled China in 2017 and reached the United States, where he established himself as a strong critic of the Chinese Communist Party and gained a large number of supporters on social media.

However, he was later accused of organized crime, fraud, and money laundering, and was found guilty. New York court judge Analisa Torres stated that Guo