Guo Wengui Gets 30-Year Sentence | US News

US News Today | 2 Min News | The Daily News Now! · Jun 30, 2026 · 2m

Chinese businessman Miles Guo, aka Guo Wengui, just received a thirty-year prison sentence for orchestrating a billion-dollar fraud scheme that preyed on supporters convinced they were funding anti-CCP activism. The judge found him remorseless and ordered him to forfeit nearly nine hundred million dollars. His lavish lifestyle—including a $37 million yacht, $26 million mansion, and $36,000 mattresses—funded by victims’ life savings, was exposed during a seven-week trial. Guo’s ties to Steve Bannon, who was arrested on his yacht and faces his own legal woes, added to the drama. Over 600…