New York Woman Sentenced to Nine Years for $30 Million Financial Fraud and Campaign Finance Violations
A New York woman has been sentenced to nine years in federal prison for defrauding foreign investors of over $30 million and diverting some of the stolen funds to US political campaigns.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (46/100)Sources
Sherry Xue jailed for funnelling Chinese investor funds to Trump campaign
A New York businesswoman was sentenced on Friday to nine years in federal prison over a financial scheme that ripped off more than US$30 million from foreign investors and funnelled some of the stolen money into US political campaigns, including a fundraiser for President Donald Trump. Sherry Xue Li was also ordered to forfeit US$31.5 million, as well as property at three locations, and to make restitution to her victims. The 54-year-old Oyster Bay resident, who has been detained since her...
By Associated Press
Read full article →New York woman who duped investors and funneled money to Trump fundraiser gets 9 years in prison
A New York businesswoman has been sentenced to nine years in federal prison over a financial scheme that prosecutors say ripped off more than $30 million from foreign investors and funneled some of the stolen funds to U.S. political campaigns, including a campaign fundraiser for President Donald Trump
By Via AP news wire
Read full article →Coverage Timeline
Related Stories
Amazon's First Customer Receipt Goes Viral, Bezos and Musk React
just now
Philippine President's Aid Distribution in Batangas Sparks Controversy
just now
Bus Fire Disrupts MRT-3 Operations in Manila
just now
Witness Alleges P1.5 Billion Project Allocation and P500 Million Cash for Former Senator Revilla
just now