A San Gabriel Valley man was sentenced to 51 months in federal prison for helping launder more than $36.9 million from victims in an international digital asset investment scam conspiracy carried out from scam centers in Cambodia.
Shengsheng He, 39, of La Puente, was sentenced on Sept. 8, and is ordered to pay $26,867,242 in restitution, according to the United States Department of Justice. He pleaded guilty to one count of conspiracy to operate an illegal money transmitting business on April 10.
“This defendant will spend years in federal prison for participating in a conspiracy in which victims lost tens of millions of dollars, starting with the simple step of responding to unsolicited messages on their phones,” Acting United States Attorney Bill Essayli said in a statement. “The public should always remember to be vigilant and wary of strangers marketing promising investment opportunities. Your retirement fund or children’s college money may depend on it.”…