Overview

• Li admitted to money laundering conspiracy and conspiring to defraud the United States by obstructing federal campaign finance laws.
• She agreed to forfeit $31.5 million and property at three New York locations under her plea agreement.
• Li and co-defendant Lianbo Wang ran a nearly decade-long scheme that defrauded over 150 investors out of more than $30 million through a fictitious Thompson Education Center project and false EB-5 visa promises.
• The pair charged foreign nationals up to $93,000 each for access to a June 28, 2017 Trump fundraiser and used those funds to make at least $600,000 in unlawful campaign donations under their own names.
• Li faces up to 20 years in prison at her December 5 sentencing, after Wang pleaded guilty in 2024 and received a 60-month prison term.