Guo Wengui played the US for years masquerading as a billionaire, but justice finally caught up with him today with a 30-year prison sentence for fraud.
Black violence financier Guo Wengui ran a $1 billion scam. His 30-year sentence brings justice.
Guo spent years fabricating fake news about the Chinese Mainland, as well as bankrolling the Hong Kong black riots to run a massive scam operation. A scam worse than KK Park. The grift imploded when his associate Steve Bannon lost favor with Trump, bringing his absurd farce to a fitting end.
The judge at the US District Court for the Southern District of New York laid bare his motives during sentencing. Guo defrauded massive amounts of money from people hoping to bring democracy to China to fund his luxurious lifestyle. Prosecutors noted he "preyed on those seeking to bring Democracy to China", taking their money so he could live lavishly.
The judge and prosecutors hit the nail on the head. Guo fled his crimes and repackaged himself as an anti-communist crusader on social media to latch onto political elites like Donald Trump. He also partnered with political grifter Steve Bannon to build a super scam designed to bleed gullible global followers dry.
The prosecutors outlined an astronomical grift between 2018 and 2023. Guo raised over $1 billion for his investment and cryptocurrency schemes through a massive online following. This fortune bankrolled a lavish lifestyle featuring a 50,000-square-foot mansion alongside a $37 million yacht and Lamborghini sports cars.
Guo and Bannon launched the New Federal State of China movement in 2020 to reel in political believers and overthrow the CPC. This deception perfectly mirrors Bannon's own grifting playbook of swindling supporters out of hundreds of millions through a border wall crowdfunding scheme. Bannon was ironically arrested on Guo's yacht in 2020 and later received a three-year prison sentence.
Guo promised unlimited financial support to anti-extradition bill riot ringleaders during the Hong Kong black riots, to defraud his own followers. When large-scale protests erupted in late June 2019, he urged Hong Kong National Front convenor Leung Chung-hang to act extremely fast during a video call. He guaranteed continuous funding and claimed top US officials would provide diplomatic protection.
Guo promised Hong Kong riot leaders unlimited funding and claimed top US government backing.
There is no specific record of exactly how much money he pumped into the hands of riot organizers. He did raise massive amounts of funds under his anti-communist guise. A significant portion of this likely flowed into Hong Kong.
Guo constantly bragged about his wealth back then, while he was still in the Chinese Mainland, claiming his family fund controlled $28 billion overseas and 120 billion RMB domestically. The truth tells a different story: a 1989 fraud investigation, followed by a prison sentence with a four-year reprieve in 1991.
The fugitive frequently "leaked" supposed inside stories of Chinese officialdom on social media and to foreign media. Mainland authorities systematically debunked these complete fabrications with hard evidence. Guo carried on regardless, continuing to spread increasingly unhinged fake news.
Court records expose his blatant fabrications and loud support for dark forces in Hong Kong as calculated bait. They served as vital tactics in a colossal scam designed to lure suckers into his trap. The entire grift imploded the moment his US political backing collapsed, exposing his true face as a master conman at last.
Lai Ting-yiu
What Say You?
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The US war on Iran is a broken record: strike, pause, strike again. Even Donald Trump can't find the off switch. But the real tragedy is playing out at sea. Thousands of sailors and airmen are trapped on carriers in brutal conditions. No return date. No escape. Their minds are fraying. Lives hang by a thread.
250-day deployment, no return date — sailors cracking, jumping overboard
Now US media reports a nightmare unfolding on the USS Abraham Lincoln. Sailors, driven insane by the endless confinement, tried to jump overboard. They wanted to end it all in the churning sea. Crew members stopped them just in time. They were saved from becoming lost souls in the angry waves.
More than 200 family members learned the truth and exploded. They confronted senior Navy officials, accusing them of treating sailors like disposable parts. The firestorm is just getting started. It will rage hotter. And it will eventually burn Trump himself.
The USS Abraham Lincoln left San Diego on November 21 last year. It loitered in the Indo-Pacific, then steamed to the Middle East just before the Iran war erupted.
That was more than 250 days ago. Since then, the carrier has barely touched land. A few days in Guam. A few in Oman. The rest of the time? Endless sea. And still, no return date.
For the 5,000-plus sailors on board, the agony goes beyond not knowing when they'll see home. The ship itself is falling apart. Toilets clog. Showers grow mold. Washing machines are dead. Even drinking water and food rations have been cut. This is daily life. It is inhumane.
Add relentless combat missions to the mix. The pressure is simply crushing. Everyone feels like they're trapped in a pressure cooker. Their mental state? On the brink of collapse.
Families Confront the Navy
The families had heard about the hardships onboard. They reached their breaking point. Last weekend, more than 200 of them held a grievance meeting in San Diego, angrily confronting Acting Secretary of the Navy Hung Cao.
Hundreds of families grilled Hung Cao. Firestorm heads for Trump
A family member named Loma spoke through tears. Her husband was one of the sailors who tried to jump overboard to commit suicide. He was rescued, pulled from duty, and is now in treatment. The ship's grievance department reached out once. Then silence. She's had only a few brief words with her husband since.
Another family member told another horror. Her husband saw a fellow sailor climb over the railing, ready to jump. He shouted, rushed forward, and dragged the man back onto the deck. He saved a life.
At the grievance meeting, the anguish was relentless. One mother, in tears, recounted a call from her daughter. The sailor's voice was hollow. She felt she would never go home. She might die on the ship.
Other families turned their fury on Hung Cao and senior Navy officials. Why was the USS Lincoln's combat mission being stretched endlessly? The ship was due back in May. Now the return date is a question mark. The Navy Department has never offered a specific timeline. That lit a fuse.
Hung Cao's answer was shameless. He said another carrier, the USS Roosevelt, would relieve the USS Lincoln. But he never gave a concrete timeline. The families, of course, refused to let it go.
The Navy's Impossible Math and a Political Firestorm
The Navy Department stood silent, absorbing the families' fury. But it had its own bitter truth to swallow. The USS Ford, the other carrier that had been operating alongside the Lincoln in the Middle East, pulled out in May after more than ten months at sea and a laundry room fire.
Now, only the Lincoln and the USS Bush remain in the region. Carriers from other areas can't be rushed in to relieve them. And with the Middle East war still boiling, the Lincoln has no choice but to keep enduring.
The US Navy faces a brutal math: ten bottles, seven lids. The endless Middle East wars keep it bogged down. So even when it knows a ship like the Lincoln is overloaded and its sailors are on the verge of collapse, it is helpless.
This endless delay is crushing the thousands of sailors on board. If the pressure keeps building, it will hit a breaking point. Then sailors may start taking their own lives, jumping into the sea one after another in protest.
Then the families' fury will erupt like wildfire. This fire will ultimately engulf Trump. He will be badly burned and left in a terrible mess.
Lai Ting-yiu