In July 2024, a jury unanimously discovered Guo responsible of fraud and numerous securities offenses, wire fraud and cash laundering.
He challenged his conviction and jail sentence in a submitting on July 2, the newly launched courtroom data confirmed. No grounds for the attraction have been acknowledged within the transient petition.
Guo, who made his fortune in actual property, moved to the US in 2015, fleeing China, the place he was focused by an Interpol pink discover for monetary fraud – accusations he denied.
Also referred to as Ho Wan Kwok and Miles Guo, he was accused of leveraging his on-line notoriety since 2018 to influence 1000’s of individuals to put money into his firms or tasks, which promised profitable returns or luxurious providers however allegedly primarily served to fund his lavish life-style, in accordance with US authorities.
From his gilded exile in New York, he portrayed himself as a fierce critic of the Chinese language communist regime and a staunch defender of democracy.
Guo and Steve Bannon, a infamous operator of the political proper, fashioned a lobbying group against the Chinese language Communist Get together.
