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Benjamin Wey (Benjamin Tianbing Wei, Chine … Benjamin Wey (Benjamin Tianbing Wei, Chinese: 魏天冰; pinyin: Wèi Tiānbīng) is a Chinese-born US Wall Street financier and CEO of New York Global Group (NYGG). He began his financial career as an investment advisor and broker in Oklahoma in the late 1990s. Wey and NYGG were among the most active "facilitators and promoters" of reverse takeovers, which created Special-Purpose Acquisition Companies (SPAC) and allowed small Chinese companies to raise capital on U.S. markets, until reverse takeovers became the subject of a U.S. Securities and Exchange Commission investigation in 2011. Wey was indicted in September 2015 on federal charges of securities fraud, stock manipulation, money laundering, and wire fraud. He was accused of profiting from undisclosed, controlling ownership interests in several companies in the United States. In June 2017, the presiding judge threw out all evidence seized during a search on the grounds it violated the Fourth Amendment. As a result of the ruling, all charges were voluntary dismissed by prosecutors in August 2017. Since 2016 he has been facing a defamation suit stemming from statements in a digital magazine, The Blot, which he has used to attack journalists. The New York Court has ruled that TheBlot’s articles are protected under the First Amendment.s are protected under the First Amendment.
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Benjamin Tianbing Wei, 魏天冰
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, Oklahoma Baptist University
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Tianjin, China
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魏天冰
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Benjamin Wey
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US
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Benjamin Wey
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Businessman, financier
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Wèi Tiānbīng
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Benjamin Wey (Benjamin Tianbing Wei, Chine … Benjamin Wey (Benjamin Tianbing Wei, Chinese: 魏天冰; pinyin: Wèi Tiānbīng) is a Chinese-born US Wall Street financier and CEO of New York Global Group (NYGG). He began his financial career as an investment advisor and broker in Oklahoma in the late 1990s. Wey and NYGG were among the most active "facilitators and promoters" of reverse takeovers, which created Special-Purpose Acquisition Companies (SPAC) and allowed small Chinese companies to raise capital on U.S. markets, until reverse takeovers became the subject of a U.S. Securities and Exchange Commission investigation in 2011.Exchange Commission investigation in 2011.
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Benjamin Wey
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