Please Follow us on Truth Social, X , Youtube , Minds, Telegram, Rumble, GETTR, Gab
By Frank Parlato
Steve Bannon, host of War Room, one of the most listened-to political podcasts in America, had a partner named Miles Guo.
They built a media and political enterprise that collected more than a billion dollars from Chinese immigrants told they were funding a movement to bring down the Chinese Communist Party.
Guo sold his followers stock, club memberships, and cryptocurrency he claimed was backed by gold. It was not.
Guo never registered the stock with the SEC or delivered the shares. The club memberships came with promises of benefits. Members received none.
What a Billion Dollars Buys
Instead, Guo used the money to purchase:
A $67.5 million penthouse on the 18th floor of the Sherry-Netherland Hotel on Fifth Avenue in Manhattan overlooking Central Park.
A $26.5 million mansion in Mahwah, New Jersey, with 21 bedrooms, to which he added $18 million in renovations, including Chinese and Persian rugs at $978,000, a 98-inch Samsung 8K television at $62,000, and a $53,000 fireplace log cradle.
A $7 million mansion in Greenwich, Connecticut, bordering the Stanwich Club golf course, fitted with bulletproof glass.
A 150-foot Feadship superyacht, purchased for $48 million. Federal agents arrested Steve Bannon aboard this yacht in 2020 on a separate, unrelated fraud charge.
If Guo liked to live well, he also liked to drive up in style.
He bought a $4.4 million Bugatti Chiron Super Sport.
A $3.5 million Ferrari.
A Lamborghini Aventador SVJ Roadster, worth $600,000.
And a Rolls-Royce Phantom EWB at $535,000.
Plus a $2.6 million racing yacht.
A $3.5 million Cirrus SF50 Vision Jet.
And a $50 million Bombardier Global XRS jet.
Perhaps to help him sleep at night, he bought two Hastens mattresses, made with genuine horsetail hair, for $36,000 each.
And for the comfort of music, a $141,000 Bösendorfer Porsche Design piano with a custom bench.
A $59,000 Wempe watch storage box.
$18,000 custom Brioni suits.
A collection of 1940s Red Army currency.
A $180,000 pewter and bronze table.
A $180,000 stainless steel table by Gabriella Crespi.
And $100 million, directed to a hedge fund owned by his son.
He purchased it all by collecting money from his fellow Chinese on the premise that their money was going to fight communism on behalf of people who had fled it.
Here was a man doing the most conspicuous spending anyone might do, and the man beside him, Steve Bannon, hero to MAGA, stood onstage with him.
He co-promoted the investments. He co-founded the organizations. He was on the yacht. He used the jets. He had lunch at the Penthouse, and if he did not sleep on horsetail, he admired the Crespi table.
What he believed about Guo remains an open question. But he knew he spent money, spent it lavishly on himself, off the hard-earned dollars of those who believed in him.
Read more here.
Bannon was also on the Epstein list, notice how none of the red folks mention THAT
Why should anyone believe Parlato? Do better L. Todd. “Following a four-year investigation, Parlato and business partner Chitra Selvaraj were federally indicted in the United States District Court for the Western District of New York in November 2015. Charges included fraud, money laundering, and tax evasion related to Parlato's ownership and management of the One Niagara Building (the former headquarters of Occidental Petroleum). … it goes on.