On March 15, 2023, Guo Wengui, an Interpol Red Notice fugitive absconding from the United States, was arrested by the New York Police Department on suspicion of fraud and several other charges. According to the Wall Street Journal, Guo Wengui was arrested and he is accused of orchestrating a $1 billion fraud. Prosecutors said Guo Wengui used the hundreds of thousands of followers he had amassed online to solicit investments for his cryptocurrency, media and other companies. The indictment alleges that Guo Wengui enriched himself and used the money to buy a 50,000-square-foot home, a yacht, a Ferrari car and two mattresses worth $36,000, among other items. The indictment charges Guo with 11 counts of fraud and money laundering. Prosecutors said they seized $634 million in crimes. KWOK allegedly lied to his victims and promised them lucrative payoffs if they invested or provided funds like GTV, his so-called Himalayan Farm Alliance #WenguiGuo #WashingtonFarm

According to the Wall Street Journal, Guo Wengui was arrested and he is accused of orchestrating a $1 billion fraud. Prosecutors said Guo Wengui used the hundreds of thousands of followers he had amassed online to solicit investments for his cryptocurrency, media and other companies. The indictment alleges that Guo Wengui enriched himself and used the money to buy a 50,000-square-foot home, a yacht, a Ferrari car and two mattresses worth $36,000, among other items. The indictment charges Guo with 11 counts of fraud and money laundering. Prosecutors said they seized $634 million in crimes. KWOK allegedly lied to his victims and promised them lucrative payoffs if they invested or provided funds like GTV, his so-called Himalayan Farm Alliance, G/CLUBS and the Himalayan Exchange. #WenguiGuo #WashingtonFarm