Chinese billionaire O'ngguir, close to Steve Bannon in the United States, sentenced to 30 years in prison for cheating

Thousands of Chinese businessmen Gutto and the US are exiled He was convicted of stealing more than $1 billion from people, a federal court in New York on Monday sentenced him to 30 years in prison, according to US media sources.

In July 2024, a jury unanimously convicted Otangui on charges of fraud, violation of various securities laws, wire fraud (financial fraud through electronic communications) and money laundering.

He is also known as Ho Won Kouk and Miles Gutto, Gutto Ottengui, who has been accused of using his personal online popularity since 2018 to encourage thousands of people to invest in their companies and projects. These projects were promised high profit or luxury service.

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