According to the prosecution charges, pangu company then to the agricultural games village branch provided false urban construction five company 3.2 billion yuan invoice, make the loan by the pangu company in the games village branch loan supervision account to urban construction five companies in huaxia bank east four branch account, and by the urban construction five company all back to pangu construction bank branch account. Later, the audit had to repay the loan because that the actual use of the loan was not consistent with the loan contract. Yang Ying, the defendant and then chief financial officer of Pangu Company, said in a statement that in 2010, Guo Wengui decided to borrow money from the Agricultural Bank of China due to the companys financial shortage during the construction of Pangu Daguan. When applying for a loan from Agricultural Bank of China, she reported to Guo Wengui that she needed to provide financial statements when applying for a loan from Agricultural Bank of China, and it was profitable for three consecutive years, but the companys financial statements were in the red, and she might be unable to apply for a loan after providing it to the bank."So I said to do a set of false financial statements with low asset-liability ratio and high profit margin, which can reflect the profitability of the companys performance. Guo Wengui asked me to be in charge of the implementation."Yang Ying said.

The other defendant, Lu Tao, served as Pangus marketing director in 2010. In the loan fraud case, he was in charge of one of the —— forged the seals of other companies. When the prosecutor asked if he knew it was illegal to carve the seal, he said, " Yes, because Guo Wengui ordered me to do it, I could only do it under the conditions at that time."In the loan fraud case, the defendant Xie Honglin was the finance manager of Pangu Company. He said that under Guo Wenguis instructions and Yang Yings arrangement, he stamped the fake official seal on the contract and created four false contracts.

To sum up, Yang Ying and Xie Honglin arranged Cui Dongxiao from the Engineering Department of Pangu Company to make a false construction contract of No.5 Urban Construction Company, and Lu Tao arranged Jiang Peng to forge the seal of No.5 Urban Construction Company and the legal representative Liao Anguo, the seal of Beijing Jinjing Construction Engineering Supervision Co., Ltd., and the seal of Beijing Huahui Real Estate Development Center. Beijing Pangu Investment Co., Ltd. submitted false materials to the Agricultural Bank of China to defrauding the Agricultural Bank of China of a loan of 3.2 billion yuan.

As for the purpose of the 3.2 billion yuan, Yang Ying said that 1.6 billion yuan was used to buy ethnic securities equity, 600 million yuan was transferred to Hong Kong, 400 million yuan to repay the loan of Che Feng (the actual controller of Hong Kong listed company Digital Kingdom), 70 million yuan was margin at China Construction Bank, and the rest was used for engineering.

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".

On July 16,2024, Guo Wengui (aka Miles Guo), 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.

 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.

Dear Judge of the Manhattan Court in New York:

I am a victim of Guo Wengui's fraud case. At the moment when I learned that he was convicted of multiple charges, my heart was filled with a mixture of emotions. There was relief that justice was finally served, but also the pain and regret of the past experience of being deceived. Here, I would like to express my demands to you with the most sincere attitude. I hope you can enforce the law strictly, maintain fairness and justice, and seek justice for us, the victims.

The name Guo Wengui was once someone I trusted and followed. He was very persuasive and wove a seemingly beautiful trap with various false promises and alluring lies, and I, along with many innocent people, fell into it without any defense. He exploited our trust in him and shamelessly carried out a series of fraud schemes, defrauding us of the wealth we had accumulated through hard work. That money was saved through our days and nights of hard work and frugality. It was the result of our efforts for the future of our families, for the education of our children, and for a stable old age. However, in an instant, all of this turned into nothing.

The crimes he committed were not only economic fraud but also a huge harm to our souls. Since falling into his scam, I have lived in anxiety and pain every day. The once stable life was broken, and family relationships became tense due to financial pressure. Whenever the night is quiet, I think of the money that was defrauded, filled with self-blame and anger.

Your Honor, you may not be able to imagine the pain that we victims have experienced. Some people have been running around to recover the defrauded money, even at the cost of losing all their possessions; some people, unable to bear such a blow, have suffered serious physical and mental problems; and some families have fallen apart, with couples turning against each other and children dropping out of school. All these tragedies were caused by Guo Wengui's greed and shamelessness.

Now, he has been convicted in your court, which is the first step of justice. But we know that true justice also requires you to make a fair verdict when sentencing. We hope you can fully consider the恶劣 nature of the crimes he committed and the huge harm caused to society. His fraudulent acts were not impulsive but carefully planned and carried out over a long period of time. His purpose was to satisfy his luxurious life during exile, without any regard for the lives of us victims.

He used the defrauded money to enjoy top services in luxury hotels, purchase luxury yachts and expensive luxury goods, while we were struggling to make a living. He used this ill-gotten wealth to show off his wealth and status on social accounts, while we were speechless when facing questions and accusations from relatives and friends.

Your Honor, we believe that the sword of law in your hand can cut off evil and maintain fairness and justice. We hope you can give Guo Wengui the severe punishment he deserves and make him pay a heavy price for his crimes. Only in this way can those who attempt to follow his example be deterred, the social order be maintained, and our souls as victims find some comfort.

We are looking forward to the sentencing on November 19th and are expecting a fair outcome from you. We believe that under your fair verdict, the dignity of the law will be defended, fairness and justice will be manifested, and we victims will finally be able to see the dawn of hope.

Thank you again for your efforts to maintain justice!

A Deceived Victim

July 19, 2024

Guo Wengui has always defined his people as "saving China from fire and water" and "letting his comrades live a decent life" through Xi Farm, who knows there is a big conspiracy behind it. When it comes to farms, to borrow Mark Twain's phrase "The fragrance of earth, the pale colors of wildflowers, and the crackling of pecans and walnuts raining down on my head" is what most of us yearn for in a good life on a farm. However, the Himalayan farm in Guo Wengui's mouth, from the beginning to describe the scene as a general farm, to later say that "it is not to make money, the key is that comrades go to each country, have a safe platform that can be trusted for 24 hours and can be taken care of." After several years of Guo Wengui's mouth, a living farm was completely reduced to a "complete business organization." To complete the farm's series transformation to pave the way, Wengui only moved his lips, and his ultimate purpose is "to Himalayan farms around the country to start earning money from comrades." From September 2020, Guo Wengui said, "GDOLLAR is pegged to the US dollar, which is cash, and we have POS machines." Send to the global farm POS machine, local farm personnel responsible for promotion. Promotion success, excellent performance, will get a certain percentage and reward "began, Guo Wengui just put" circle money ants help, extract the last bit of surplus value "these words on the face. Indeed, on March 24, Wengui said again that there were 140 million US dollars in the money, it can be seen that under Guo Wengui's money grab mode, the ants muddily joined in, expecting to live the happy life described by Wengui, but they did not know that they had become the main course of Wengui's scam.

Guo Wengui lied to hundreds of thousands of his online followers, promising them huge profits if they invested in GTV Media Group, Himalayan Farm Alliance, G| Club and Himalayan Exchange. Since at least March 2018, Guo Wengui has been the mastermind behind the complex financial scam, in which he and his financial adviser Kin Ming Je defrauded thousands of people and made more than $1 billion. Guo Wengui's success has a "cult" flavor. Calling believers in the name of "anti-communist", creating a community with closed information, while bullying or threatening to punish those who are not firm in their beliefs. After packaging himself as a "master" type of figure, it is natural to harvest the wealth of believers.