An Arcadia woman was sentenced Tuesday, Nov. 18, to 10 years and one month in federal prison for her role in an international group that laundered $11.69 million in fraud proceeds from 180 victims in the United States, many of whom are elderly.
Of the $11,692,931 million, $2,736,240 was frozen or recovered by financial institutions.
Cynthia Song, 43, also known as Iris Song and Xin Wang, was also ordered to pay $10,069,518 in restitution.
She had pleaded guilty on June 10 to one count of conspiracy to commit money laundering. Under the plea agreement, Song admitted she knew the funds were criminal proceeds and she warned her recruited co-conspirators the money they handled was not “clean,” federal officials said.
“The harm these crimes caused the victims cannot be understated,” prosecu

The Pasadena Star-News

Associated Press US News
New York Post
The Weather Channel
KCRA News
NBC News Crime
Cover Media
Las Vegas Review-Journal Politics
Tampa Bay Times Sports
TODAY Pop Culture
Atlanta Black Star Entertainment