Article #250923

South China Morning Post - World News

South China Morning Post - World News

Title Sherry Xue jailed for funnelling Chinese investor funds to Trump campaign Source South China Morning Post - World News
Description 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 American political campaigns, including a fundraiser for US 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...
Link https://www.scmp.com/news/world/united-states-canada/article/3344944/sherry-xue-jailed-funnelling-chinese-investor-funds-trump-campaign?utm_source=rss_feed Published At 2026-02-27 17:03:17 (2 weeks ago)
Created At 2026-02-27 17:04:27 Updated At 2026-02-27 17:26:31