Chinese Real Estate Tycoon Guo Wengui Sentenced to 30 Years in US for $1 Billion Fraud

New York. Real estate tycoon Guo Wengui, once considered one of China's richest businessmen, has been sentenced to 30 years in prison in the United States for a $1 billion scam.

He fled China in 2017 and reached the United States, where he established himself as a strong critic of the Chinese Communist Party and gained a large number of supporters on social media.