Woman Jailed for $50M Fraud, Trump Fundraiser
March 1, 2026·about 2 hours ago·via 1News
A New York businesswoman, Sherry Xue Li, gets nine years in federal prison for scamming over $30 million from foreign investors, mostly Chinese, with fake promises of green cards and development projects. She and accomplice Lianbo Wang blew the cash on luxury living and funneled some into U.S. political campaigns, including a Trump fundraiser - campaigns knew nothing about the illegal scheme.
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