US Woman Jailed for $50M Scam Funding Political Campaigns
February 28, 2026·20 days ago·via 1News
A New York businesswoman, Sherry Xue Li, lands nine years in federal prison for a brazen $30 million-plus fraud scheme that duped foreign investors, mostly from China, with fake promises of U.S. residency via a phony development project. She and accomplice Lianbo Wang blew the cash on luxury living - jewelry, vacations, fine dining - while funneling illegal contributions into U.S. political campaigns, including a Trump fundraiser. Read more about this...