A Chinese billionaire has been sentenced to time served in connection with a scheme to funnel illegal straw donations to politicians' campaigns in New York and Rhode Island
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.
” Mazurek said Qin “just wanted to participate as a citizen could” in elections, but was not able to contribute to candidates he supported because he was not a citizen. He said the campaigns did not know about the straw donors scheme. 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.
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