A Chinese billionaire has pleaded guilty to federal election crimes and faces up to 27 years in prison; also charged with immigration fraud and using false documents.
NEW YORK — A Chinese billionaire pleaded guilty to federal election crimes on Monday, admitting that he made thousands of dollars in contributions to New York and Rhode Island political candidates in the names of others. Hui Qin, a Chinese cinema magnate, faces up to 27 years in prison on charges that include orchestrating a straw donor scheme, immigration fraud and using false identification documents.
phone call to his attorney was not immediately returned. 'Qin pleaded guilty today to engaging in a brazen web of deception, spreading lies to federal election and immigration authorities and a state agency,' U.S. Attorney Breon Pace said in a statement. 'No one is above the law, no matter their wealth or station in society.'
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