The Undoing of Guo Wengui, Billionaire Accused of Fraud on 2 Continents

Luc Despins, a New York bankruptcy lawyer, typically took on difficult jobs: After the energy company Enron collapsed years ago, he helped thousands of victims recover some of their money. But when Mr. Despins was appointed by a bankruptcy court last year to locate the assets of Guo Wengui, a Chinese property mogul and political provocateur who had failed to repay tens of millions of dollars to a hedge fund, the assignment presented very different challenges, the New York Times reported. In November, protesters appeared outside his home and that of his ex-wife. Photographs of his daughters, along with their names and employers, were posted on Gettr, a social platform catering to the American right. A video online accused Mr. Despins of helping to build concentration camps on behalf of the Chinese Communist Party. Protesters even entered his office lobby, Mr. Despins testified in court. "Partners of the firm have been chased up the escalator, with people running — screaming, you know, ‘C.C.P. dog,’” he said. It would be among the last of many harassment campaigns carried out in Mr. Guo’s name by his global legion of followers. Mr. Guo may now be at the end of a remarkable trajectory, from billionaire Beijing insider to fugitive critic of the Chinese Communist Party and ally of Trump Republicans. That path, fueled by bravado, ruthlessness, a keen political antenna and alleged theft, has left lingering suspicion about his allegiances. And it has now taken him from his Manhattan penthouse to his new place of residence: the Brooklyn federal detention center. Read more.