Chinese Billionaire Guo Wengui Guilty Of US$1 Billion Fraud

A jury in New York on Tuesday found exiled Chinese billionaire Guo Wengui, also known as Miles Kwok and Miles Guo, guilty of defrauding his followers of more than US$1 billion.

Guo, avocal critic of the Chinese Communist Partywho has ties to right-wing U.S. politician Steve Bannon, was found guilty of nine of the 12...