Founder of Asian super-app Gojek sentenced to 10 years in jail for corruption

The case against Gojek founder Nadiem Makarim stemmed from a laptop deal during his term as Indonesia's education minister.

Former Chinese Billionaire and Bannon Associate Is Sentenced for Fraud

The businessman courted U.S. conservatives as an anti-Communist crusader while using his supporters’ money to buy lavish homes and a Bugatti supercar.

By Michael Forsythe

Exiled Chinese Tycoon Guo Gets 30 Years in US Prison for Fraud - Bloomberg.com

Exiled Chinese Tycoon Guo Gets 30 Years in US Prison for Fraud  Bloomberg.com

Chinese exile Miles Guo given 30 years in prison for $550mn fraud

Businessman had fled to the US claiming persecution and then allied himself with the Maga movement

Chinese tycoon Guo Wengui sentenced to 30 years in US prison for fraud

Guo Wengui, who gained fans for criticising China’s Communist party, was found guilty in 2024 on nine charges including money laundering A US federal court has sentenced exiled Chinese tycoon Guo Wengui to 30 years in prison, after he was convicted of defrauding thousands of people out of more than $1bn. In July 2024, a jury unanimously found Guo, also known as Ho Wan Kwok and Miles Guo, guilty on nine of 12 charges, including securities offences, wire fraud and money laundering. The FBI arre...

By Alastair McCready in Taipei

Chinese billionaire Guo Wengui gets 30 years in U.S. prison for fraud conviction

Guo said he came to the U.S. to destroy the Chinese Communist Party. But the judge said he instead diverted investor money to live lavishly.

By The Associated Press

Chinese billionaire Guo Wengui gets 30 years in US prison for huge fraud

A federal judge said Guo's fraud cost more than 1,000 people worldwide hundreds of millions of dollars.

US: Self-exiled Chinese billionaire sentenced to 30 years in prison

Guo Wengui was a close ally of former Donald Trump aide Steve Bannon, with whom he co-founded a movement aiming to overthrow the Chinese government.

Self-exiled Chinese billionaire Guo Wengui jailed for 30 years in US for fraud conviction

A self-exiled billionaire Chinese business tycoon once believed to be among China’s wealthiest men was sentenced on Monday to 30 years in a US prison for a massive financial fraud that a federal judge said cost over 1,000 people worldwide hundreds of millions of dollars. Guo Wengui, who fled China a decade ago and reinvented himself as a US-based Communist Party critic, was sentenced in a Manhattan courtroom packed with his supporters by Judge Analisa Torres. She said he “preyed on those seek...

By Associated Press

Who is Guo Wengui? Billionaire who wanted to ‘destroy’ China’s Communist Party sentenced for $1bn fraud

Once a property tycoon and Beijing insider, Guo reinvented himself as a dissident before his dramatic downfall

By Namita Singh

Netflix director Carl Rinsch sentenced to over 2 years in prison in $11 million fraud case

Carl Rinsch was convicted of scamming Netflix out of $11 million after he failed to finish his ambitious sci-fi series "White Horse." Lloyd Mitchell/Business Insider A judge sentenced Carl Rinsch to two and a half years in prison. The sci-fi director was was convicted of scamming Netflix out of $11 million. The judge said Rinsch may have been in a "manic state" but covered up his conduct with lies. Carl Rinsch, the director convicted of defrauding Netflix of $11 million, was sentenced on Mo...

Self-exiled Chinese billionaire gets 30 years in US jail for ‘astonishing’ fraud

Director Carl Rinsch Sentenced to 30 Months in Netflix Fraud Case After Keanu Reeves and Attorneys Cite Mental Health Struggles

Carl Rinsch, the director of “47 Ronin,” was sentenced Monday to 30 months in federal prison, receiving half of the government’s recommended sentence after Judge Jed Rakoff considered evidence of his mental health struggles from Keanu Reeves and other character witnesses. In December, a jury convicted Rinsch of wire fraud and money laundering charges after […]

By Antonio Ferme

Director Carl Rinsch Sentenced to 30 Months Over $11 Million Netflix Fraud Scheme

The court issued a sentence on the lower end of the sentencing guidelines after evidence of an untreated mental health condition emerged.

By Winston Cho

Man jailed 10 years over 12.5kg cannabis haul

A 36-year-old man has been sentenced to 10 years in prison after being found guilty of possessing cannabis with intent to supply. The criminal court in Paphos also imposed a three-year prison term for negligent driving. The two sentences will run concurrently, meaning the defendant will serve a total of 10 years behind bars. The […]

Exiled Chinese Tycoon Jailed 30 Years In US For $1 Billion Fraud

Exiled Chinese tycoon Miles Guo sentenced to 30 years in US prison for a $1B fraud scheme, funding a lavish lifestyle of superyachts and penthouses.

Director Carl Rinsch Sentenced to 30 Months in Prison for Defrauding Netflix

Rinsch was convicted in December of defrauding the streaming giant out of $11 million

By Charisma Madarang

Scamming Netflix Outta $11M Gets Director Some Serious Prison Time; Judge Condemns Carl Rinsch’s “Money Laundering & Lies”

There is very little Keanu Reeves can not do, but even the best efforts and intentions of the John Wick superstar couldn’t save his 47 Ronin director for serving time behind bars for scamming Netflix out of millions. Almost two months after Reeves wrote to Judge Jed Rakoff asking that Risch’s sentence might be “tempered with […]

By Dominic Patten

Self-exiled Chinese billionaire Guo Wengui gets 30 years in US prison for fraud conviction

The judge also ordered Chinese business tycoon Guo Wengui to forfeit US$889 million in restitution.

Ultra-wealthy Chinese exile in New York sentenced to 30 years for fraud

Exiled Chinese entrepreneur Guo Wengui, convicted of defrauding thousands of people of more than $1 billion, was sentenced Monday to 30 years in prison by a federal court in New York, US media reported. In July 2024, a jury unanimously found him guilty of fraud and various securities offenses, wire fraud and money laundering. Also […]

By AFP

Ivy League-educated co-founder of Gojek gets 10-year sentence for graft

An Indonesian court convicted former education minister Nadiem Makarim, the co-founder of a multibillion-dollar tech startup, of corruption on Tuesday, sentencing him to 10 years in prison.

US director sentenced to 30 months for defrauding Netflix

American director Carl Rinsch, known for the 2013 film "47 Ronin," was sentenced Monday to 30 months in prison for defrauding Netflix of millions of dollars, prosecutors in New York announced. The post US director sentenced to 30 months for defrauding Netflix appeared first on Vanguard News.

By efosataiwo@vanguardngr.com