A Chinese billionaire pleaded guilty on March 18 to engaging in a straw-donor scheme that funneled more than $10,000 in illicit contributions to multiple New York City and congressional candidates, according to prosecutors.
Qin Hui, a 56-year-old Chinese citizen with homes in Old Westbury and Manhattan, pleaded guilty in federal court in Central Islip, New York. He admitted that between 2021 and 2022, he gave money to others to make political contributions on his behalf.