FEDERAL COURT IN VIRGINIA DOLES OUT HEFTY SENTENCES FOR SIX INTERNATIONAL MONEY LAUNDERERS

Although many of the sentences handed down in Federal Court for money laundering, which could result in a 20-year sentence, are often significantly less, here's an instance where the punishment actually fit the crime; five to 15 years. The defendants were part of an international narcotics trafficking ring that sold cocaine in the US, and laundered the profits through New York, and into Mexico. In this case, justice definitely prevailed. (1:19-cr-334 Eastern District Virginia) One defendant was later extradited from Peru.

Name	Charges	Conviction/Sentence
Xizhi Li	Counts 1-3 (drug trafficking and money laundering	Money laundering, 180 months
Jiayu Chen	Counts 1-3 (drug trafficking and money laundering	Money laundering, 60 months
Eric Yong Woo	Count 3 (money laundering)	Money laundering, 18 months
Jingyuan Li	Counts 1-3 (drug trafficking and money laundering)	Money laundering, 84 months
Tao Liu	Counts 1-14 (drug trafficking, money laundering, attempted identity fraud, bribery	Money laundering, bribery, 84 months

 

                                                       ( Chart from USAO ED VA press release)