Tag: Bannon, Stephen K

Former Chinese Billionaire and Bannon Associate Is Sentenced for Fraud

Media Library

Guo Wengui, a Chinese businessman who transformed himself from a Beijing insider into an anti-Communist crusader and ally of the American far right, was sentenced to 30 years in prison on Monday for defrauding investors, including many of his own fervent supporters, of hundreds of millions of dollars. Mr. Guo, who had made a fortune in Beijing as a real estate developer and had forged an alliance with a corrupt intelligence official there, fled China in 2015, settling in a $68 million Manhattan penthouse overlooking Central Park. There, he took…

Your Wednesday Evening Briefing

Chin@Strategy

(Want to get this newsletter in your inbox? Here’s the sign-up.) Good evening. Here’s the latest at the end of Wednesday. 1. Voter fraud prosecution is rare, erratic and often undeserved. As part of our Democracy Challenged series, The New York Times reviewed some 400 voting-fraud charges filed since 2017. Often, voters didn’t know they’d broken a law. Serious penalties usually fell hardest on those least able to fight back: Poor and Black people were likelier to go to jail than comfortable retirees. In Florida, where the governor, Ron DeSantis,…