Judge hits Chinese crypto scammer who helped swindle $37 million from U.S. victims with 46 month sentence

Judge hits Chinese crypto scammer who helped swindle $37 million from U.S. victims with 46 month sentence

The fraudster was part of a ring that carried out a scam known as pig butchering.

Chinese Man Sentenced for Scamming $37 Million in Crime Ring

The United States sentenced Chinese citizen Jingliang “James” Su to 46 months for his role in a digital crime ring that scammed 174 Americans, prosecutors announced on Jan. 27. Su was a resident of the United Arab Emirates and worked with co-conspirators, including American and Chinese citizens, who resided in California, Mexico, Cambodia, and China, according to court documents. He is the eighth of the co-conspirators indicted and third to plea…

Chinese National Sentenced To 46 Months For Laundering Millions Stolen From U.S. Investors - Cybernoz - Cybersecurity News

A Chinese national has been sentenced to nearly four years in U.S. federal prison for laundering tens of millions of dollars stolen from American investors through a large‑scale digital asset investment scam run from Southeast Asia. On Tuesday, Chinese citizen Jingliang Su received a 46‑month prison sentence for his role in laundering more than $36.9 million in victim funds tied to an international cryptocurrency fraud scheme operated from scam …

Crypto fraudster faces jail, restitution

Man sentenced for role in laundering profits of crypto scams The post Crypto fraudster faces jail, restitution appeared first on Investment Executive.

Meet Jingliang Su, Chinese man gets 46 months sentence for $36.9M crypto scam

Chinese national Jingliang Su was sentenced to 46 months in US prison for laundering $36.9M in a USDT-based pig-butchering scheme that funneled victim funds via Deltec to Cambodia. A US federal court has sentenced Chinese national Jingliang Su to 46…

U.S. Court Sentences Crypto Launderer in $37M Pig-Butchering Scheme More Stories ETHNews

A U.S. federal court has sentenced Jingliang Su, a 45-year-old Chinese national, to 46 months in prison for his role in laundering tens of millions of dollars stolen from victims of cryptocurrency investment scams. The sentence follows a guilty plea tied to a sophisticated international fraud operation that targeted American victims through so-called “pig butchering” schemes. U.S. District Judge R. Gary Klausner also ordered Su to pay more than …