Exiled Chinese Billionaire Guo Wengui Faces Fraud Trial in New York

Guo, a vocal critic of China's Communist Party, is accused of defrauding investors of over $1 billion through fraudulent schemes.

Jury selection has begun with the trial expected to last up to two months.
Guo has pleaded not guilty to 12 charges including wire fraud and money laundering.
Prosecutors allege Guo used his influence to fund a lavish lifestyle.
Guo's former chief of staff has already pleaded guilty to related charges.
The trial will include measures to protect jurors' identities due to the high-profile nature of the case.