A Manhattan federal judge sentences Guo Wengui to 30 years and orders the forfeiture of $889M after prosecutors say he orchestrated more than $1B in fraud.Prosecutors say Guo Wengui used political activism and companies such as GTV Media Group, Himalaya Farm Alliance and Himalaya Exchange to solicit funds from hundreds of thousands of followers between 2018 and 2023, financing mansions, a $37M yacht and luxury goods.Defense lawyers say
Guo Wengui is persecuted by the Chinese Communist Party and will appeal, but Judge
Analisa Torres rejects the political-defense claim and highlights victims' lost life savings and emotional harm.