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Billionaire Guo Wengui during a speech, sentenced to 30 years in prison for fraud involving the Benno yacht

30 Years in Prison and Confiscation of Bannon's Yacht: How the US Court Punished Billionaire Guo Wengui

Incidents 07/01/2026, 03:42
A New York court sentenced Chinese billionaire Guo Wengui to 30 years in prison for $1 billion fraud. 🇺🇸🔨 As part of the case, assets worth $889 million were confiscated, including the yacht on which Steve Bannon was detained and a fleet of supercars. The defense intends to appeal the verdict, accusing the authorities of political pressure. 🚢🚫
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