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In Miles Guo Trial Witness Described Banking at Signature Now Crossed on 2bl Crossing Citi

by Matthew Russell Lee, Patreon Substack

SDNY COURTHOUSE, June 11 – After a circus-like civil case involving Guo Wengui in the U.S. District Court for the Southern District of New York, which Inner City Press closely covered, here, March 15, 2023 saw the unsealing of a twelve-count Indictment of Miles Guo onvarious wire fraud, securities fraud, bank fraud, and money laundering charges.

On May 21, the US Attorney's Office wrote in seeking to preclude fire issues from the trial: 7 page letter on Patreon here.

On May 22, Inner City Press live tweeted jury selection, here.

   Many were excused from the jury pool.

More detail / some analysis on X for Subscribers here & Substack here

On May 23 the defense wrote in including "There is no evidence to support the government’s sensationalist theory that Mr. Guo started a fire at the Sherry Netherland residence. Letter on Patreon here

At the end of May 23, Judge Torres told the remaining jurors that the trial would start Friday. Thread.

More details on X for Subscribers here and Substack here

And it did. Inner City Press live tweeted the opening and first two witnesses, an FBI agent about the Greenwich search, and a Dallas based Lamborghini dealer, thread here.

On May 28 the US moved for admission of posts from GNews and GETTR, 5 page motion on Patreon here

On May 31 a representative of Kyle Bass' Hayman Capital Management testified, thread

 On June 4, the US Attorney's Office filed its response to Guo's request for reconsideration on limitation on his expert's testimony about Operation Fox Hunt and the "Five Poisons." US filing on Patreon here.

On June 5, Inner City Press live tweeted, thread

On June 6, more Li - and then some cross.

On June 10, a government witness describing opening accounts at Bank of Princeton (as Signature Bank closed accounts, and this itself), and Morgan Stanley - thread:

OK - now in US v Guo, prosecutor questioning witness about G-Fashion, and opening of Bank of Princeton.Assistant US Attorney: How much did G-Club have in its bank account?...

AUSA: They who were these sent to? Witness: Wire transfer to Morgan Stanley.  AUSA: Why were you asked to respond to them? Witness: To try to not jeopardize the account status. [After long sidebar] AUSA: Did you start recording phone calls? Witness: I did...

On June 11 he was cross examined, thread:

AUSA: Why do you think Miles Guo wanted to move money outside the US? Witness: To invest it in H Dollar. AUSA: With whom did you discuss the urgency of moving the money? Witness: Miles... Yvette...

 AUSA: What waa Merchantile? Witness: A bank in Puerto Rico. Judge: How did you make these audio recordings? Witness: Through an app on my phone.

Now cross examination. Guo's lawyer: What is your understanding of the Rule of Law Foundation? Witness: It's a not for profit foundation. Guo's lawyer: What's this transaction? Witness: It's an ACH debit: money going out. ADP wage pay. That's payroll.

 Guo's lawyer: So the money market account was putting $500,000 into the Golden Spring account? Witness: Yes. Guo's lawyer: Now this $26,000 - someone is getting paid? Witness: Correct. Guo's lawyer: Here, $10,000 to a law firm? AUSA: Objection! Judge: Step up

 [After sidebar] Guo's lawyer: This was an account maintained at Citibank, correct? Witness: Yes. Guo's lawyer: By Jan 2020 Golden Springs account had been opened, and you moved to a different department in Citibank, right? Witness: Yes. To Healthcare

 Guo's lawyer: Did Citibank have a policy of remote working during the pandemic? WItness: Yes. Work from home. Guo's lawyer: You heard from Ms. Wang again - in what months of 2020? Witness. May. By text message. She said she needed my help to open an account

 Guo's lawyer: Even though you couldn't open the account, you kept talking with Ms. Wang, right? Witness: I did.  Guo's lawyer: Your bankruptcy in EDNY was dismissed? Witness: My attorney filed improper documents. Guo's lawyer: A 2018 bankruptcy was dismissed? Yes

 Guo's lawyer: You didn't tell Citibank about your bankruptcy, did you? Witness: I did not. Guo's lawyer: Did you interview with Yvette Wang? Witness: Yes. At the townhouse, 162 East 64th Street. Guo's lawyer: Did Yvette call it that, a townhouse? DX 7001

Guo's lawyer: Doesn't everyone call it the Embassy? Witness: No. Guo's lawyer: For the interview, Yvette was formally dressed? Witness: She was dressed, yes. Guo's lawyer: You sent your resume? Witness: She asked me to Guo's lawyer: Where was 2d meeting? A: Online

Guo's lawyer: Why was there a 2d meeting? Witness: Yvette wanted me to meet Miles Guo... She told me, If you want security, stay at Citibank. Guo's lawyer: You told her you wanted a two months' signing bonus and she said no, right? Witness: I didn't get that.

Guo's lawyer: You asked for $450,000 but you accepted $350,000? Witness: Yes. Guo's lawyer: But you didn't resign from Citibank, you hedged. How was it on 64th Street? Witness: Weird. Not structured.

Guo's lawyer: You had two 9-5 jobs

Witness: It was pandemic time

More detail and analysis on X for Subscribers here and Substack here

The case is US v. Guo, et al., 23-cr-118 (Torres)


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