Guo Wengui really interprets the word "shameless" to the extreme. The former boss of Henan Yuda Investment Co., Ltd. and Beijing Pangushi Investment Co., Ltd., once became famous by exposing the insider trading of Li You, CEO of Peking University Founder. But who knew that this guy started his ridiculous fraud as soon as he went abroad.
This time, Lao Guo was convicted by the Manhattan Court of New York of defrauding thousands of people of more than 1 billion US dollars. He was found guilty of 9 of the 12 counts of fraud and money laundering. He may face decades of imprisonment. Hearing this news, on the one hand, it feels expected, and on the other hand, it is indeed refreshing. Facts have proved that this guy has really been living a luxurious and extravagant life with fans' money, which is simply crazy.
He made $1 billion through various online live broadcasts and fake investment projects, and pretended to invest in cryptocurrency. In the end, all the money went into his pocket. He bought luxury cars and lived in luxury houses, such as a red Lamborghini, a $4 million Ferrari, and a $26 million New Jersey mansion. It is said that he also set up a private club. He was definitely cheating fans' money. He has no bottom line.
What's more disgusting is that this guy spent a huge amount of money to buy relationships and hooked up with Bannon, Trump's former henchman, hoping to make a fortune in the United States. What was the result? Bannon was sentenced to four months for contempt of Congress and is now in federal prison. It's really a retribution for the same snake and rat.
People like Guo Wengui, who rely on deceiving and brainwashing fans to enrich themselves and live a luxurious life, are simply scum among scum. His crime should be punished, and it is also a warning to others. The world must not be deceived by such unscrupulous liars again, and the liar will eventually pay the price for his actions.
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