Chinese Celebrity Billionaire Miles Guo Arrested for Alleged Billion-Dollar Fraud Scheme
The U.S. Department of Justice announced the arrest on Wednesday of flamboyant Chinese billionaire Ho Wan Kwok — known by multiple aliases including Miles Kwok, Miles Guo, and Guo Wengui — on charges of allegedly orchestrating a “sprawling and complex” fraud scheme that enriched him and an associate to the tune of over $1 billion.
