Poul Thorsen allegedly stole more than $1 million in U.S. grant money.
Eileen Wang, mayor of Arcadia, faces up to 10 years in prison.
The U.S. Treasury Department said the effort was a part of ‘Economic Fury,’ which has seen several previous targets sanctioned.
The model of cargo plane that crashed in Kentucky last fall after an engine fell off a UPS jet as it was taking off resumed flying over the weekend.

Heat Stroke Is Suspected Among 6 Found Dead in a Shipping Container at a Rail Yard Near Texas Border.
‘If ChatGPT were a person, it would be facing charges for murder,’ Florida Attorney General James Uthmeier said.
The Concord Immigration Court, which will take over most of the closing court’s cases, already has a backlog and a shortage of judges.
The report indicates that 87 percent of travelers will drive.

The nonprofit said it seeks to prevent the landmark from resembling ‘a large swimming pool rather than the reflective civic landscape it was designed to be.’
President Donald Trump previously discussed Lai’s case with Chinese leader Xi Jinping during their October 2025 meeting in South Korea.
Cole Allen has asked the Justice Department and U.S. Attorney Jeanine Pirro to recuse themselves from his case.
The U.S. economic blockade on Iran pressures Beijing indirectly. Analysts say that is Trump building leverage ahead of his summit with Xi.
The U.S. president is expected to secure new agreements with China in several industries, including aerospace, agriculture, and energy.
The plane was taking off from the Denver International Airport late Friday night when a person trespassed on the runway and was hit.
Crashing through Earth’s atmosphere at 45,000 miles per hour, shooting stars have been spotted twice as often this spring.
Prosecutors are seeking the death penalty if Tyler Robinson is convicted in the killing of the conservative commentator.
The company plans a 4 percent list-price increase in July after implementing its largest hike in a decade earlier this year.
The decision could strengthen Republican efforts to maintain control of the U.S. House of Representatives ahead of the midterm elections.
The president has been briefed on the outbreak on a cruise ship with American travelers aboard.
Attorney General Ken Paxton wants to ensure that donated copies of the commandments are being displayed, and that boards have voted on prayer time.