Shakeel Sobhan AFP, AP19 hours ago19 hours ago

Guo Wengui was a close ally of former Donald Trump aide Steve Bannon, with whom he co-founded a movement aiming to overthrow the Chinese government.

Chinese billionaire Guo Wengui hold a news conference in New York
Guo Wengui is a prominent critic of the Chinese Communist Party and says his aim is to ‘destroy the CCP’ [FILE: November 20, 2019]Image: Don Emmert/AFP

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A self-exiled Chinese billionaire was sentenced to 30 years in a US prison on Monday for defrauding investors of more than $1 billion (€880 million).

A jury in New York found Guo Wengui guilty of multipe offenses, including fraud and money laundering, with a US federal judge saying the scheme affected hundreds of people worldwide.

Who is Guo Wengui?

Real estate tycoon Guo Wengui is also known as Miles Guo and Ho Wan Kwok. After facing   fraud charges in his native country, he fled China and settled in the US in 2015.

Chinese authorities also accused him of rape, kidnapping, bribery and other crimes. Guo has denied the allegations.

In the US, he became a prominent critic of the Chinese Communist Party (CCP) and an ally of conservative political strategist and former Trump adviser Steve Bannon.

Bannon and Guo announced a joint political movement called the New Federal State of China, describing it as a lobby group with the stated aim of overthrowing the current Chinese government in June 2020.

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