New York City, NY – A Chinese businessman recently indicted has been revealed to have funneled millions of dollars into the bank accounts of prominent figures in the MAGA world, including former Trump aides Steve Bannon and Jason Miller. Court documents filed in federal court in February shed light on the alleged actions of Guo Wengui, a billionaire and outspoken critic of the Chinese Communist Party, in an attempt to hide wealth from creditors.
The trustee overseeing Guo’s bankruptcy case is seeking to recover funds that were purportedly part of a fraudulent scheme orchestrated by Guo. Despite accusations of being a double agent for Beijing, Guo has denied all allegations and positioned himself as a victim of elaborate conspiracies.
One of the trustee’s major targets is Gettr, a troubled Twitter alternative launched by Guo and Miller in 2021, from which the trustee aims to recollect a substantial $21 million. The legal filings unveil a complex web of shell companies and transfers of large sums of money post-bankruptcy petition date. The targeted parties allegedly received funds that rightfully belonged to Guo’s lenders, victims, and the New York court, which imposed significant contempt penalties.
Revealed in the documents are deep connections between Guo and key figures on the American right, demonstrating financial transactions between Guo’s companies and entities associated with Bannon and Miller. Bannon’s consulting firm reportedly received $850,000, while Miller personally received over $350,000. Miller maintained that the payments were part of his formal compensation package as CEO of Gettr.
Moreover, the trustee seeks to recover funds paid by a Guo-led NGO to Washington Times columnist Bill Gertz’s nonprofit, further emphasizing the widespread financial entanglements involving Guo and prominent figures in conservative circles. The Department of Justice has linked various organizations founded by Gertz and Bannon, as well as Gettr, to a criminal conspiracy associated with Guo’s alleged enrichment at the expense of anti-Communist activists.
Notably absent from the list of defendants are Donald Trump Jr. and former Trump trade adviser Peter Navarro, who have been mentioned as potential targets in draft documents filed earlier this year. The intricate web of financial transactions and alleged fraudulent schemes involving Guo continue to unravel, shedding light on the extent of his influence in political and media circles.