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Exiled Chinese billionaire charged in US in over USD 1 Billion fraud

Shortpedia
Content Team
Image Credit: Japan times

Chinese billionaire Guo Wengui, a self-declared dissident has been detained and charged with duping thousands of followers out of more than USD 1 billion via intricate investment schemes, according to US authorities, CNN reported. Guo, a fervent opponent of the Chinese government who lives in exile in Manhattan and is connected to Steve Bannon, a former adviser to Donald Trump, was arrested in New York on Wednesday morning.


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