Self-exiled Chinese billionaire Guo Wengui gets 30 years in U.S. prison for fraud conviction

A self-exiled billionaire Chinese business tycoon once believed to be among China's wealthiest men was sentenced Monday to 30 years in a U.S. prison for a massive financial fraud.

Self-exiled Chinese billionaire Guo Wengui gets 30 years in U.S. prison for fraud conviction

TL;DR

  • A self-exiled Chinese billionaire businessman has been sentenced to 30 years in a U.S. prison.
  • He was convicted of a massive financial fraud.
  • The tycoon was once considered among China's wealthiest individuals.