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Fast Cars and Yachts – Chinese Businessman's Promise of Regime Change Financed Luxury Living in the US

Summary by Dagens Nyheter.
With promises to bring down the Communist Party, Chinese businessman Guo Wengui tricked Chinese exiles in the United States into investing billions. He had powerful figures in the Trump sphere behind him. But it was all a scam to finance a life of luxury, according to a ruling handed down this week. Guo denies the charges.

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Dagens Nyheter.Dagens Nyheter.
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Fast Cars and Yachts – Chinese Businessman's Promise of Regime Change Financed Luxury Living in the US

With promises to bring down the Communist Party, Chinese businessman Guo Wengui tricked Chinese exiles in the United States into investing billions. He had powerful figures in the Trump sphere behind him. But it was all a scam to finance a life of luxury, according to a ruling handed down this week. Guo denies the charges.

·Stockholm, Sweden
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Dagens Nyheter. broke the news in Stockholm, Sweden on Saturday, July 4, 2026.
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