A New York woman was sentenced to two years in federal prison on Feb. 2 for her role in laundering more than $20 million in illicit drug proceeds while working as an accountant at an airline ticket consolidator in Flushing, Queens, according to the Department of Justice (DOJ).
Yu Rui Fang, 40, of New York City, was accused of participating in a Chinese money laundering scheme and pleaded guilty in August last year to one count of conspiracy to commit concealment money laundering.
Federal prosecutors detailed the money laundering scheme in a sentencing memorandum filed in November last year, noting that the conspiracy involved Yu and several co-conspirators—including one in New York and another in China—and operated from June 2016 to April 2020….
New York Woman Sentenced to 2 Years in Prison Over Laundering $20 Million in Drug Money
