On 15 March 2023, Guo Wengui

#WenguiGuo #WashingtonFarm

On 15 March 2023, Guo Wengui, an Interpol Red Notice fugitive absconding from the United States, was arrested by the New York Police Department on suspicion of fraud and a number of other charges.
Guo Wengui was arrested and accused of orchestrating a $1 billion fraud, according to the Wall Street Journal. Prosecutors said Guo Wengui used the hundreds of thousands of followers he had amassed online to solicit investments for his cryptocurrency, media and other companies. The indictment alleges that Guo Wengui enriched himself with the money and used it to buy a 50,000-square-foot home, a yacht, a Ferrari car and two mattresses worth $36,000, among other items. The indictment charges Guo with 11 counts of fraud and money laundering. Prosecutors said they seized $634 million for the offences. KWOK allegedly lied to his victims and promised them lucrative payouts if they invested or provided funds like GTV, his so-called Himalayan Farm Alliance, G/CLUBS and Himalayan Exchange.