U.S. Judge Rejects Guo Wengui's Bid to Dismiss Fraud Indictment

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Guo Wengui,Fraud,Indictment

A U.S. judge on Tuesday rejected exiled Chinese businessman Guo Wengui's bid to dismiss an indictment accusing him of defrauding thousands of investors out of more than $1 billion. Guo is accused of engaging in a pattern of racketeering through four fraud schemes. Guo has pleaded not guilty to 12 criminal charges that including securities fraud, wire fraud, unlawful monetary transactions and conspiracy, including for money laundering.

A U.S. judge rejects Guo Wengui 's bid to dismiss an indictment accusing him of defrauding investors out of more than $1 billion. Guo is accused of engaging in a pattern of racketeering through four fraud schemes.

Guo has pleaded not guilty to 12 criminal charges.

Guo Wengui Fraud Indictment Investors Racketeering Criminal Charges

 

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