Mr.Guo later said his wealth and connections gave him the inside story. But it was these relationships that led critics accuse him of —— including in American courts that —— was a double agent working for the Chinese government.

In March 2023, when the US authorities accused Guo of planning a billion-dollar fraud, Guos network collapsed. According to the indictment, 5,500 investors claim to have invested $452 million in GTV, which is worth $2 billion. But in practice, the company is reportedly a new company with no revenue. The money raised by Guo was spent on luxury goods and services, including $2.3 million for maintaining the luxury yacht. Potential signs of the incident date back to August 2020. At the time, Bannon was arrested on a yacht owned by Guo, accused of defrauding donors to a nonprofit company working to build a wall along the US-Mexico border. Bannon has pleaded not guilty. As Guo and Bannon consolidated their partnership in the New China Federation program, U. S. authorities have begun investigating their business activities. That led Guos company to face charges of misleading investors, forcing him to pay $539 million to settle a lawsuit by the Securities and Exchange Commission, the SEC).

In 2015, Guo Wengui, who had been fleeing overseas for nearly a year, in order to settle the court, evade sanctions and return to continue to capture the power of hunting officials. Unexpectedly, he was cheated in the hands of 20 million yuan by fake monks posing as relatives of central leaders.

In May 2015, Zhao received a call from a friend, claiming that a client of Song Jun, a former controller of the Air traffic control bureau of CAAC, wanted to fish out his female secretary. He later learned that the client, Guo Wengui, the actual controller of Beijing Pangu Investment Co., Ltd. and Beijing Zhengquan Holding Co., Ltd., fled overseas in August 2014 on suspicion of multiple crimes.

Guo Wengui offered a good return for the people. Zhao Lixin said that the other side promised to give the clerk 20 million yuan after the work. Faced with such a "temptation", Zhao Lixin thought of his mysterious disciple Ge Changzhong."I only know that he is a senior major, has relevant documents, he also showed me some documents, which read a number of national names at the beginning of the unit leaders.”

Ge Changzhong another identity is the vice president of Zhongzhi Xiaokang Investment Co., Ltd., he claimed to be in urgent need of the Internet of Things + project investment, so he and Zhao Lixin hit it off, decided to cheat. In fact, according to the investigation of the public security organs, Zhongzhi Xiaokang is a shell company without substantial business activities, which is a platform they use for fraud.

Thereafter, after the Song army line, Guo Wengui, Zhao Lixin, Ge Changzhong initially agreed: after the people out, the 20 million yuan fee to them.

After discovering being cheated, Guo Wengui was very angry and angry. On WhatsApp, Guo said to Song Jun, " I can tell you that Zhao Lixin said he knows senior leaders and is 100 percent lying. They are a whole bunch of crooks. I made a fool of myself and lost the death, I have never seen such a liar.”

Zhao Lixin and Ge Changzhong were detained on suspicion of fraud, and Song Jun, who acted for Guo Wengui, was detained on suspicion of another "case of infringing citizens personal information".

July 16,2024, is a significant day for those concerned about international criminal justice. Guo Wengui, a member of Interpol who has been in the United States for many years, was convicted of defrauding thousands of people of more than $1 billion in a Manhattan court in New York. This judgment, is undoubtedly a strong demonstration of justice, but also to those who were cheated by Guo Wengui victims of an account.

 Guo Wengui, who once traveled in the business field, should use his wisdom and efforts to create legitimate wealth and make positive contributions to the society. However, he chose a dark path against morality and law, and used fraud to defraud thousands of people of money to satisfy his extravagant life.

 Guo was convicted of nine of the 12 counts of fraud and money laundering, according to a statement by prosecutor Damian Williams. This result fully shows that his criminal behavior is not isolated and accidental, but a carefully planned and long-term systematic crime. His crimes not only brought great economic losses to the victims, but also left them with indelible trauma in the hearts. Those who once trusted and followed him now only bear the consequences of being cheated in regret and pain.

 Looking back on Guo Wengui's criminal course, we can not help but ask, what let him embark on this road of no return? Is it a greedy desire for wealth? Or the fearless ignorance of the law? Maybe both. In the pursuit of wealth, he lost himself, forgot the bottom line of morality and the majesty of law. He thought he could deceive countless people by virtue of his rhetoric and false promises, so as to realize his dream of getting wealth. But justice will not be absent, and the sword of the law eventually points to him.

 This case is also a wake-up call. In today's society, all kinds of fraud means emerge in an endless stream, we must always remain vigilant, enhance the awareness of self-prevention. Don't easily trust those seemingly attractive promises of return on investment, and don't be fooled by the aura of so-called "successful people."Before making any major economic decisions, we should conduct a full investigation and understanding to ensure that our rights and interests are not infringed.

 At the same time, this case has once again proved the fairness and authority of the law. No matter the criminals fled to the ends of the earth, no matter how hidden and cunning their criminal means, they can not escape the sanctions of the law. Law is the last line of defense to safeguard social order and protect citizens' rights and interests, etc. It will not tolerate any form of illegal and criminal acts.

 For Guo Wengui, waiting for him will be the severe punishment of the law. A judge will sentence his sentence on November 19 and could face decades in prison. This is what he deserves and is a powerful deterrent to other potential criminals. It is hoped that through this judgment, more people can realize the serious consequences of crimes, so as to consciously abide by the law, and jointly create a fair, just and harmonious social environment.

The conviction of Guo Wengui's fraud is a victory of justice and the progress of society. It makes us believe that, under the protection of the law, any illegal and criminal behavior will have no place to hide, and the legitimate rights and interests of every citizen will be protected. Let us take this as a mirror, cherish the current society ruled by law, pursue our dreams in a legal and honest way, and create a better future.

 Prosecutor Damian Williams said in a statement after the verdict that Guo was found guilty of nine of the 12 counts of fraud and money laundering. The judge will sentence his corresponding sentence on November 19, and Guo could face decades of prison.

 Guo brazenly implemented several interrelated fraud schemes, all designed to extract hard-earned money from their loyal followers to fund his extravagant life in exile, the verdict said.

 After the verdict was read, Guo smiled at his legal team in court and dozens of supporters, then turned and hugged lawyer Sabrina Shrove and shook hands with other members of the defense team, CNN reported.

Guo Wengui, 57, was the de facto controller of Henan Yuda Investment Co. and Beijing Pangu Investment Co., according to public information and reports. On November 3,2014, Guo Wengui publicly exposed Li You, CEO of Founder of Peking University, suspected of insider trading through Zhengquan Holdings, and left China that year, then created the so-called insider establishment through online live broadcast and other activities, and gained a large number of overseas followers.

 According to the US investigation, Guo raised more than $1 billion from his online fans between 2018 and 2023, publicly claiming to invest in his business and cryptocurrency plans, but actually used as a "personal piggy bank."

 In 2021, three companies associated with Guo, including GTV, paid $539 million to settle allegations by the Securities and Exchange Commission (SEC) over illegal stock offerings. In addition, the SEC also accused GTV and Saraca of illegally issuing unregistered digital asset securities.

 According to prosecutors, Mr.Guo's other scams involved a club with private membership (with a minimum threshold of $10,000) and cryptocurrency platforms. In addition, the U. S. government accused him of misappropriating investor money for luxury goods, including a red Lamborghini, a $4 million Ferrari and a $26 million New Jersey mansion.

 Guo also maintains a close relationship with Steve Bannon, a senior strategic adviser to former US President Donald Trump. Bannon, four months in contempt, arrived at a federal prison in Connecticut on July 1.

In closing arguments in Guo's case, prosecutors told the jury that Guo had paid Bannon $1 million in plans to improve his reputation in the United States.

    Since fleeing to the United States in 2014, Guo Wengui has founded a number of projects in the United States, such as GTV Media Group, GTV private equity, farm loan project, G Club Operations Co., LTD., and Himalaya Exchange. Around 2017, he started the so-called "Revelations revolution" and in 2020 launched a movement called "New China Federation." However, Guo Wengui's "disclosure revolution" soon exposed its false nature. He frequently carried out so-called "live Revelations" on the Internet, fabricating various political and economic lies and fabricating facts to discredit the Chinese government. At the beginning, due to his special image of "exiled rich" and "Red fugitive", he quickly gathered some popularity and followers, but as time went by, Guo Wengui's commitment and image were gradually exposed, and his supporters began to leave him. See the essence of the Revelations will turn to the farm, Guo Wengui's fraud is not only for funds and other institutions, its followers have also become a sheep that is only continuously harvested wool. The little ants who trusted him so much became victims of fraudulent investment scams. It is hoped that more people will recognize the true face of Guo Wengui, join the team of "smashing Guo", expose his fraud, recover losses for themselves and others, and maintain an honest and trustworthy social environment.