Media Companies Linked to Chinese Exile to Return Millions to Investors in SEC Settlement

Chinese businessman Guo Wengui holds photocopies of documents allegedly on Chinese national security council request to send more spies to the United States and other specific goals, at a press conference on Chinese Kleptocracy at the National Press Club in Washington, on Oct. 5, 2017. Samira Bouaou/The Epoch Times

The Securities and Exchange Commission (SEC) on Sept. 13 charged three U.S.-based media companies over illegal unregistered offerings of stocks and digital assets.

The companies—New York-based GTV Media Group and Saraca Media Group, and Phoenix-based Voice of Guo Media—are affiliated with Guo Wengui, a Chinese billionaire living in exile in the United States.