Exiled Chinese businessman Guo Wengui's chief of staff, Yvette Wang, pleads guilty to $1bn fraud conspiracy in Manhattan federal court.

Exiled Chinese businessman Guo Wengui's chief of staff, Yvette Wang, has pleaded guilty to a $1bn fraud conspiracy in a Manhattan federal court. Wang admitted to conspiring with Guo and others to commit wire fraud and money laundering. She faces up to 10 years in prison when she is sentenced on September 10th. This comes weeks before Guo Wengui is due to stand trial in the same court on related charges.

May 03, 2024
22 Articles