Chinese Man Sentenced in US Court for Stock Market Manipulation Conspiracy

Chinese Man Sentenced in US Court for Stock Market Manipulation Conspiracy
Traders on the floor at the closing bell of the Dow Industrial Average at the New York Stock Exchange in New York on June 25, 2018. Bryan R. Smith/AFP/Getty Images
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A Chinese citizen living in the Boston metropolitan area was sentenced recently in federal court in Massachusetts after pleading guilty to one count of conspiracy to commit securities fraud, officials announced.

Wang Jiali, 44, of Weymouth, was sentenced to time served (three months in prison) and nine months of home detention, and was ordered to forfeit $7.75 million in illicit proceeds.

Alex Wu
Alex Wu
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Alex Wu is a U.S.-based writer for The Epoch Times focusing on Chinese society, Chinese culture, human rights, and international relations.
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