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US v. Miles Guo, Kin Ming Je, and Yvette Wang, 23 Cr. 118 (AT)

On March 15, 2023, the United States Attorney’s Office announced the unsealing of an indictment charging HO WAN KWOK, a/k/a “Miles Guo,” and KIN MING JE, a/k/a “William Je,” with wire fraud, securities fraud, bank fraud, and money laundering charges in connection with an alleged complex scheme to solicit more than $1 billion of investments in various entities and programs through false statements and representations.  As charged, KWOK lied to his victims and promised them outsized returns if they invested in, or provided money to, KWOK-controlled entities, including GTV Media,  the Himalaya Farm Alliance, G|CLUBS, and the Himalaya Exchange.  KWOK and JE allegedly misappropriated hundreds of millions of dollars in fraudulently obtained funds, including for the purchase of a mansion and luxury vehicles.  KWOK was arrested on March 15, 2023 in New York, New York.  Je is currently at large.  The case is assigned to United States District Judge Analisa Torres.  Link to full press release and indictment: https://www.justice.gov/usao-sdny/pr/ho-wan-kwok-aka-miles-guo-arrested-orchestrating-over-1-billion-dollar-fraud-conspiracy

Also on March 15, 2023, a complaint charging YANPING WANG, a/k/a “Yvette,” with wire fraud, securities fraud, and money laundering charges was unsealed.  As charged, Wang was a co-conspirator of KWOK and JE.  See United States v. Wang, 23 Mag. 2007.  WANG was arrested on March 15, 2023 in New York, New York.

Thursday May 2, 2024 update:

YVETTE WANG is scheduled for a change-of-plea hearing on Friday, May 3, 2024 at 9:30 a.m. in courtroom 15D in the United States Courthouse located at 500 Pearl Street, New York, NY 10007.

Thursday April 18, 2024 update:

Jury trial against KWOK and WANG is now scheduled to begin on May 22, 2024 at 9:00 a.m. in courtroom 15D in the United States Courthouse located at 500 Pearl Street, New York, NY 10007.

Tuesday March 5, 2024 update:

Jury trial against KWOK and WANG is now scheduled to begin on May 20, 2024 at 9:00 a.m. in courtroom 15D in the United States Courthouse located at 500 Pearl Street, New York, NY 10007.

Friday July 7, 2023 update:

Jury trial against KWOK and WANG is scheduled to begin on April 8, 2024 at 9:00 a.m. in courtroom 15D in the United States Courthouse located at 500 Pearl Street, New York, NY 10007.

Monday, April 3, 2023 update:

A bail-related hearing is scheduled for WANG on Tuesday, April 4, 2023, at 2:00 p.m. in courtroom 18D at 500 Pearl Street.

Wednesday, March 29, 2023 update:

On March 29, 2023, a superseding indictment was filed, charging KWOK, JE, and YANPING WANG, a/k/a “Yvette” in connection with the alleged $1 billion fraud.  United States v. KWOK et al., S1 23 Cr. 118 (AT).  WANG, who had been charged by complaint with wire fraud, securities fraud, and money laundering charges, was arrested on March 15, 2023 in New York, NY.  WANG was ordered detained pending satisfaction of all conditions of bail. 

A bail-related hearing is currently scheduled for WANG on Friday, March 31, 2023 at 10:00 a.m.  That proceeding is scheduled to take place in courtroom 5A in the United States Courthouse located at 500 Pearl Street, New York, NY 10007. 

The initial pretrial conference for KWOK and WANG is scheduled for April 4, 2023 at 11:30 a.m. in courtroom 15D in the United States Courthouse located at 500 Pearl Street, New York, NY 10007.  KWOK’s bail hearing will also take place on April 4, 2023 at 11:30 a.m. in courtroom 15D at 500 Pearl Street.

Wednesday, March 22, 2023 update:

There is an initial pretrial conference for KWOK on April 4, 2023 at 11:30 a.m.  That proceeding will take place in courtroom 15D in the United States Courthouse located at 500 Pearl Street, New York, NY 10007.

Updates regarding the progress of this case will be posted on this site.

The United States Attorney’s Office for the Southern District of New York is committed to protecting the rights of crime victims. If you believe you are a victim of the offense charged, our Victim/Witness Unit can make sure that you are notified of important stages of the case to help you exercise your rights. In addition, our Victim/Witness Unit is available to answer questions you might have about this case and can refer you to available resources.

Federal crime victims have the following rights, as set forth in 18 U.S.C. § 3771:

  1. The right to be reasonably protected from the accused.
  2. The right to reasonable, accurate, and timely notice of any public court proceeding, or any parole proceeding, involving the crime or of any release or escape of the accused.
  3. The right not to be excluded from any such public court proceeding, unless the court, after receiving clear and convincing evidence, determines that testimony by the victim would be materially altered if the victim heard other testimony at that proceeding.
  4. The right to be reasonably heard at any public proceeding in the district court involving release, plea, sentencing, or any parole proceeding.
  5. The reasonable right to confer with the attorney for the Government in the case.
  6. The right to full and timely restitution as provided in law.
  7. The right to proceedings free from unreasonable delay.
  8. The right to be treated with fairness and with respect for the victim’s dignity and privacy.
  9. The right to be informed in a timely manner of any plea bargain or deferred prosecution agreement.
  10. The right to be informed of the rights under this section and the services described in section 503(c) of the Victims’ Rights and Restitution Act of 1990 (42 U.S.C. 10607(c)) and provided contact information for the Office of the Victims’ Rights Ombudsman of the Department of Justice.

For information and assistance, please contact:

SDNY Victim and Witness Coordinator
United States Attorney's Office
26 Federal Plaza, 37th Floor
New York, NY 10278
1-866-874-8900

USANYS.GuoVictims@usdoj.gov

Updated May 2, 2024