Mastermind or Middleman? New York Man Sentenced in $3 Million Fraud Scheme That Exploited U.S. Emergency Funds

Mastermind or Middleman? New York Man Sentenced in $3 Million Fraud Scheme That Exploited U.S. Emergency Funds

PHILADELPHIA, PA — Xing Zheng, 35, of Queens, New York, was sentenced to 28 months in federal prison and three years of supervised release, according to an announcement by United States Attorney David Metcalf. The sentencing, handed down by United States District Court Judge Timothy J. Savage on April 1, comes after Zheng admitted his role in an extensive conspiracy to launder nearly $2.98 million in fraudulent proceeds. Among these illicit fund…