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Dubai News Club > Tech > Feds seized $2.7 million of Chinese billionaire’s money from Trump-aligned social network
Tech

Feds seized $2.7 million of Chinese billionaire’s money from Trump-aligned social network

Press Room
Last updated: 2023/03/17
Press Room
Published: March 17, 2023
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Federal authorities seized nearly $3 million from Gettr last September as part of a sweeping billion-dollar fraud investigation into a Chinese billionaire.

On Wednesday, the Justice Department arrested Chinese billionaire and dissident Guo Wengui, also known as Ho Wan Kwok and Miles Guo, for allegedly defrauding thousands of people out of more than $1 billion. Authorities said that Guo carried out the massive fraud through a complex web of investment schemes that has now entangled…

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