New York Businesswoman Sentenced for $30M Political Finance Scheme

New York businesswoman sentenced to nine years for $30m political finance scheme

Sherry Xue Li ripped off millions from foreign investors and funnelled some stolen money into US political campaigns A New York businesswoman was sentenced Friday to nine years in federal prison over a financial scheme that ripped off more than $30m from foreign investors and funnelled some of the stolen money into US political campaigns, including a Donald Trump fundraiser during his first presidency. Sherry Xue Li was also ordered to forfeit $31.5m, as well as property at three locations, a...

By Associated Press