CALIFORNIA – The U.S. Department of Justice (DOJ) announced September 8 that a man was sentenced to 51 months in federal prison for his role in laundering over $36.9 million from victims in an international crypto investment scam based in Cambodia.
Shengsheng He, 39, of La Puente, was sentenced by Judge R. Gary Klausner to prison and ordered to pay $26.9 million in restitution. He pleaded guilty April 10 to conspiracy to operate an illegal money-transmitting business.
Court documents say He joined an international network that lured U.S. victims to send funds, which were laundered through shell companies, foreign banks, and digital wallets…