Chinese exile Miles Guo given 30 years in prison for $550mn fraud

Financial Times: Guo “preyed” on people who hoped for a democratic China but “dedicated himself to increasing his own wealth”, Judge Analisa Torres told him at the sentencing hearing in New York on Monday that was attended by more than 100 of his supporters.

The judge said she struggled to find comparable crimes, given “his exploitation of a philanthropic purpose, his history of intimidation of critics and his refusal to accept responsibility”. Torres also imposed a forfeiture order of $889mn…

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