Guo Wengui's Chief of Staff Admits to Billion-Dollar Fraud Scheme

Yvette Wang, top aide to the controversial Chinese businessman, pleads guilty to fraud, facing significant legal repercussions.

Yvette Wang confessed to orchestrating a fraud that swindled over $1 billion from global investors.
The guilty plea occurred just weeks before Guo Wengui, her boss, is due for trial on related charges.
Wang faces up to 10 years in prison; sentencing set for September 10.
She has agreed to forfeit $1.4 billion in restitution to the U.S. government.
Guo, associated with former Trump advisor Steve Bannon, maintains his innocence amid ongoing legal battles.