NEW YORK: Guo Wengui, an exiled Chinese businessman and outspoken opponent of Beijing’s communist government, was convicted on Tuesday in his U.S. trial on charges of stealing hundreds of millions of dollars from online followers.Guo was convicted on nine of the 12 criminal counts he faced, including racketeering conspiracy and wire fraud, in a trial that lasted seven weeks.He could face decades in prison. U.S. District Judge Analisa Torres set his sentencing for Nov. 19.Federal prosecutors in Manhattan said Guo raised more than $1 billion by guaranteeing followers on social media that they would not lose money if they joined him in a series of investment and cryptocurrency schemes from 2018
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