South California Companies to Pay $1.83 Billion in Fraud Scheme

David Lam
By David Lam
April 14, 2022NTD Evening News
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A group of Southern California businesses run by a Chinese billionaire was ordered to pay nearly $2 billion dollars in fines—for evading import laws. They’re charged with a conspiracy to defraud investors—by faking revenue for a China-based company.

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