How billionaire Guo Wengui is fighting China's elites
Authored By Wion Web Desk
Published: Jun 15, 2017, 03:01 IST | Updated: Jun 15, 2017, 03:01 IST
Chinese billionaire Guo Wengui has over the last three months made accusations of corruption on China's elite on social media
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Employees confess to Guo's frauds
Authorities have been seeking his arrest and put executives from a company linked to Guo on trial last week.
On 9 June, the former employees confessed in court to fraudulently obtaining loans at his direction.
Guo is also in legal trouble in the United States, where a lawyer announced this week that he faced a lawsuit by nine creditors demanding $50 million for outstanding debts.
On 9 June, the former employees confessed in court to fraudulently obtaining loans at his direction.
Guo is also in legal trouble in the United States, where a lawyer announced this week that he faced a lawsuit by nine creditors demanding $50 million for outstanding debts.
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Guo Wengui
Real estate tycoon Guo Wengui has spent the last three months waging a one-man guerrilla war against China's elite with explosive accusations of corruption among the powerful.
While his posts and videos appear on websites banned in China, they have angered the party officials.
While his posts and videos appear on websites banned in China, they have angered the party officials.