Chinese Billionaire Convicted Of Illegal Campaign Donations Gets Time Served, Leaves US
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DAILY CALLER NEWS FOUNDATION
Robert Schmad
Contributor
May 10, 2024 11:46 AM ET
A federal court sentenced a Chinese billionaire convicted in an illegal political donation scheme to time served, with the billionaire leaving the country shortly after the fact.
Hui Qin, a Chinese entertainment magnate who ran the Hong Kong-based firm SMI Culture, was sentenced to seven months in prison, equivalent to the time he spent in pre-trial detention, the U.S. Attorney’s Office of the Eastern District of New York announced on Thursday. Qin had earlier pleaded guilty to running a straw donor scheme that illegally funneled cash into congressional campaigns in New York and Rhode Island as well as an undisclosed municipal election in New York City in 2021.
Qin had initially faced up to 27 years in prison, according to the U.S. Attorney’s Office. (RELATED: Chinese Billionaire Pleads Guilty To Directing Illegal Campaign Donations In New York City)
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READ MORE: https://dailycaller.com/2024/05/10/chinese-billionaire-illegal-donations-time-served-leaves-us/
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