A Chinese billionaire who pleaded guilty to funneling illegal straw donations to politicians' campaigns in New York and Rhode Island was sentenced
A Chinese billionaire who pleaded guilty to funneling illegal straw donations to politicians’ campaigns in New York and Rhode Island was sentenced Thursday to time served and quickly left the country as part of his deal with prosecutors to forfeit his green card.
Federal prosecutors never named the politicians whose campaigns received the straw donations. U.S. Attorney Breon Peace’s office said they were a candidate for New York City political office, a U.S. representative on Long Island and a candidate for a Rhode Island congressional district seat. Qin’s lawyer, Henry Mazurek, said Qin got on a plane to leave the country later in the day. He declined to say where Qin was going. He said his client looked forward to rebuilding his life.
Qin was previously included on the Forbes list of billionaires, with an estimated net worth of $1.8 billion from his stake in film and entertainment companies, including the Honk Kong-based SMI Culture. At least one person donated $1,000 on Qin’s behalf on Dec. 9, according to prosecutors. The following day, Qin spoke with an unnamed co-conspirator, who told him they expected to be able to obtain up to $20,000 in straw donor contributions for the candidate.
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