Attorney for the United States, Sean S. Buckley, Acting under Authority Conferred by 28 U.S.C. § 515, announced that MILES GUO, a/k/a “Ho Wan Kwok,” a/k/a “Guo Wengui,” a/k/a “Brother Seven,” a/k/a “The Principal,” a/k/a “Boss,” was sentenced yesterday by U.S. District Judge Analisa Torres to 30 years in prison for racketeering conspiracy, conspiracy to commit wire fraud, securities fraud, and money laundering, among other charges, for leading an expansive and complex scheme to solicit more than $1 billion of investments in various entities and programs through false statements and misrepresentations to thousands of GUO’s online followers. On July 16, 2024, GUO was convicted following a seven-week jury trial.
“Miles Guo led a massive scheme to steal more than $1 billion through lies and deception from thousands of Americans and victims around the world,” said Attorney for the United…
Be skeptical of “Work from Home” offers that require you to receive money into your personal account and transfer it elsewhere, as this makes you a “Money Mule” in a money-laundering operation.