Chinese billionaire who aligned with the right in America is set to face trial for fraud.

Daily Dumpling: Chinese billionaire who aligned with the right in America is set to face trial for fraud.

Four years ago, Chinese property developer Guo Wengui, also known as Miles Kwok, made a bold declaration on a boat in New York Harbor, announcing the end of Communist rule in China and the formation of the New Federal State of China. He was joined by prominent figures such as Steve Bannon and Peter Navarro. However, since then, Mr. Guo has faced legal troubles in the United States, including charges of defrauding people of over $1 billion. Accused of various financial crimes, he is set to go on trial in federal court in Manhattan. His defense team plans to dispute the charges and highlight his persecution by the Chinese government. Despite his legal woes, Mr. Guo managed to cultivate influential connections in both China and the United States, but his extravagant lifestyle and controversial actions have landed him in deep legal trouble.

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