Yvette Wang, 45, pleaded guilty in Manhattan federal court to
conspiring to commit wire fraud and money laundering. Her plea
came just three weeks before she was set to face trial alongside
Guo.
Wang has been held in custody since she and Guo were arrested in
March 2023. Wang now faces up to 10 years in prison when she
goes before U.S. District Judge Analisa Torres for sentencing on
Sept. 10, according to her plea agreement.
"Wang inflicted pain and loss on so many, and she will now be
held to account for the harm she and others caused," U.S.
Attorney Damian Williams said in a statement.
Wang's attorney did not respond to a request for comment.
Also known as Ho Wan Kwok and Miles Kwok, Guo is a critic of
China's Communist Party and business associate of former U.S.
President Donald Trump's onetime adviser Steve Bannon.
Guo has been jailed in Brooklyn since his March 2023 arrest and
is set to face trial on May 22 on charges that he and his
accomplices defrauded investors in a media company,
cryptocurrency and other ventures.
An indictment alleges that Guo took advantage of his prolific
online presence and hundreds of thousands of followers by
promising outsized financial returns and other benefits to carry
out a scheme that helped fund Guo's extravagant lifestyle.
During Friday's hearing, Wang pleaded guilty to conspiring with
Guo and others to fraudulently induce victims to send money
through entities including Guo's GTV Media Group, Himalaya Farm
Alliance and Himalaya Exchange from 2018 to 2023.
(Reporting by Nate Raymond in Boston; Editing by Bill Berkrot)
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