Exiled Chinese billionaire Guo Wengui, an ally of Steve Bannon, arrested by FBI

The FBI arrested Guo, also known as Ho Wan Kwok, Wednesday morning in New York on charges he orchestrated a $1 billion fraud.

"Kwok is charged with lining his pockets with the money he stole, including buying himself, and his close relatives, a 50,000 square foot mansion, a $3.5 million Ferrari and even two $36,000 mattresses, and financing a $37 million luxury yacht," U.S. Attorney Damian Williams said. The SEC filed civil charges Wednesday that accused Guo and his financial adviser, Kin Ming Je, of "multiple offering frauds" that targeted retail investors through online and social media posts and videos.

Former White House Chief Strategist Steve Bannon, right greets fugitive Chinese billionaire Guo Wengui before introducing him at a news conference, Nov. 20, 2018, in New York."Since in or about April 2020, Guo has conducted fraudulent securities offerings that have collectively raised at least hundreds of millions of dollars from investors in the United States and around the world.

Guo, 54, pitched three unregistered securities offerings to investors as a means of obtaining shares in GTV and a fourth offering as a means to obtain a crypto asset security called "H-Coin" that he falsely claimed was backed by gold reserves, the SEC said.

Source: News Formal (newsformal.com)

jamesfourm Criminal flock together.

jamesfourm Don't forget to mention he hangs with trump at mar-a-lago.

Not shocking. Why isn't Bannon in jail?

Miles Guo is enemy 1 of CCP and he has brought huge benefits to all the massive investors who want to eliminate CCP. Unfortunately FBI, SEC, DOJ were weaponized by CCP and traitors who betrayed USA, please contact all the thousands of real investors, who were cheated?

This is a concerning development and it will be interesting to see what comes next. GuoWengui SteveBannon

Crooks in a crooked system. Ponzi, Madoff, Pelosi, etc This is what it will always produce bc of how the 'economy' operates (is rigged). Learn how banks actually operate. How the Fed was created - how money is created. Why/how 2008 hapd.. Good start:

Jail 1000 years for both

Go to Gettr to find the truth

Disgusting! You ABC News is the mouthpiece of the Chinese Communist Party? Guo Wengui and Bannon are the No. 1 enemies of the CCP, anyone who knows well what the two men have been doing--to take down the EVIL CCP！Go to GETTR to find the truth about the Covid-19 virus and vacine

This is a small gift for the emperor of China

Hey ABC what’s up with John Fetterman? No one is covering way more relevant than Bannon ( lol-Bannon BTW) and way more serious than George (lol x2) Santos

You’re getting desperate ABC. What about Jane Fonda wanting to Murder Government Officials? You guys should spend more time covering George Santos at least that shit is funny.

Cool

🔥🔥The US judiciary FBI is controlled by the CCP and arrests Chinese who resist the CCP‼ ️

Trump mixed up in all these Chinese banks. So much for the China Joe rhetoric. Trump is the Chinese best customer in banking.

JenniferJJacobs Trump derangement syndrome extended.

Guo's anti-communist team rescued a Chinese virus scientist (hidden). Now the U.S. government wants to trace the source of the virus... The communist regime is ashamed and angry! The critical moment is coming... Some people will exchange their lives for it.

I wonder will the Chinese government come to his rescue 🙄 Did he know he was being investigated ⁉️🙄

The WALL is starting to crumble... Cracks....

Finally!

Another crook gets his day.

kenm77 Yes!

It's not the long arm, is it? Will the independence of the judiciary and the independence of sovereignty become a joke?

JenniferJJacobs 6. Chinese billionaires hiding in USA defrauded 3,6$B

He also may be linked to the Chinese Businessman. Mr. Sum Tin Wong

How much do you want to bet the CCP orchestrated this with the assistance of the Biden Crime Family and our criminal government. The world should be against the CCP but instead our government gets on their knees to do their bidding

NoOneUnscripted Bout time!

Remember Charlie Trie and the Clintons

BaddCompani

Excellent

They nothing but crooks and they loud. I just don't understand

Bannons sugar daddy got popped

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