Exiled Chinese businessman's chief-of-staff pleads guilty in US to fraud

- The chief of staff to exiled Chinese businessman Guo Wengui pleaded guilty on Friday to conspiring with him to carry out a massive scheme that defrauded thousands of investors out of more than $1 billion.

"Wang inflicted pain and loss on so many, and she will now be held to account for the harm she and others caused," U.S. Attorney Damian Williams said in a statement.Also known as Ho Wan Kwok and Miles Kwok, Guo is a critic of China's Communist Party and business associate of former U.S. President Donald Trump's onetime adviser Steve Bannon.

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