Chinese billionaire sentenced seven months by US federal court for illegal political donations and fraud


A Chinese billionaire was sentenced to seven months in prison on Thursday by a federal court in New York for making shadow political donations as well as committing immigration fraud and using false identification.

Qin Hui – whom Forbes magazine said was worth US$1.8 billion in 2018 and who operated a now defunct Hong Kong-based entertainment entity called SMI Culture – pleaded guilty to the charges in March.

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