WASHINGTON - A former Chinese official and fugitive has been extradited from Sweden to Los Angeles to face charges of money laundering and immigration fraud, the US Department of Justice said on Monday .
US authorities took Jianjun Qiao into custody over the weekend for allegedly conspiring to commit immigration fraud and international transport of stolen money and to commit money laundering, among the charges, according to a statement from the US attorney for the Central District of California. Qiao, also known as"Feng Li", was on the run for more than five years as he faced charges in both the United States and China.
He allegedly laundered millions of dollars while a director of a state-owned grain storehouse from 1998 to 2011, according to Monday's statement and a 2018 indictment. Qiao allegedly used the funds to purchase two properties in Monterey Park, California.Sweden's Supreme Court had previously blocked a Chinese extradition request, saying there was a risk he would be persecuted because of his political activity.
Court documents seen by Reuters previously showed Qiao had stated he had fled from China in 2011 after coming under pressure for joining a banned political party.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China's Dada targets US IPO amid Washington-Beijing tensionsREUTERS: Chinese online grocery firm Dada Nexus Ltd said on Monday it aims to raise up to US$280.5 million in a U.S. initial public offering ... American money funding their own adversary ?
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Chinese media use race clashes to criticise US over Hong KongChinese state media took aim at the US government over the weekend as many American cities were gripped by raging protests and clashes, comparing the unrest with the pro-democracy movement in Hong Kong. Beijing has long been infuriated by criticism from Western capitals, especially Washington, over Sure looks like it Jokers.
Source: YahooSG - 🏆 3. / 71 Read more »
Malta seizes over US$1 billion in 'counterfeit' Libyan money, says USVALLETTA (AFP) - Moscow on Saturday (May 30) denied US reports that US$1.1 billion (S$1.5 billion) in Libyan money printed in Russia and seized by Maltese authorities was counterfeit.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Hong Kong finance secretary says no plans to change US dollar pegHONG KONG: Hong Kong had no plans to change its currency's peg to the US dollar and the Asian financial hub has not seen any 'obvious' capital ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Asia stocks hit 3-month peaks, resilient to US riotingAsian share markets started on a cautious note and gold gained on Monday as images of riots in burning U.S. cities unnerved investors already ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Will US protests spark a second coronavirus wave?WASHINGTON (NYTIMES) - Mass protests against police brutality that have brought thousands of people out of their homes and onto the streets in cities across America are raising the spectre of new coronavirus outbreaks, prompting political leaders, physicians and public health experts to warn that the crowds could cause a surge in cases.. Read more at straitstimes.com. Oh my goodness! I hope not! Too many people had died already! Relax.. Trump's out golfing and said the curve will magically vanish... What 2nd wave?
Source: The Straits Times - 🏆 8. / 63 Read more »