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…
Sherry Xue jailed for funnelling Chinese investor funds to Trump campaign
