This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager.
Dismiss

Exiled Chinese businessman Guo sentenced in US to 30 years for fraud

By Samuel Rubenfeld ( June 30, 2026, 00:21 GMT | Insight) -- Exiled Chinese businessman Miles Guo, a self-described crusader against the ruling Communist Party in Beijing, was sentenced Monday to 30 years in prison in the US for bilking investors and followers of his movement out of more than $1 billion. In addition to the prison sentence, Guo was ordered to forfeit $889 million. His lawyers repeatedly referred to an intention to appeal, citing their preserved objections to the judge’s rulings.Exiled Chinese businessman Miles Guo, a self-described crusader against the ruling Communist Party in Beijing, was sentenced Monday to 30 years in prison in the US for bilking investors and followers of his movement out of more than $1 billion....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login