Court Upholds Conviction of Chinese Bankers, Wives - 8 News NOW

Court Upholds Conviction of Chinese Bankers, Wives

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  • Las Vegas Crime NewsCrime

  • Monday, June 17 2013 6:07 PM EDT2013-06-17 22:07:19 GMT
    LAS VEGAS -- The man accused in setting a church on fire June 14 told police he started the blaze because the pastor tried to "back door" him, according to the arrest report released Monday. Adrian Kincade,
    The man accused in setting a church on fire June 14 told police he started the blaze because the pastor tried to "back door" him, according to the arrest report released Monday.
  • Friday, June 14 2013 8:20 PM EDT2013-06-15 00:20:09 GMT
    LAS VEGAS -- A man has been arrested in connection with the kidnapping and death of a 37-year-old man whose body was found near Pecos Road and Owens Avenue April 10. Police arrested Jonathan Anthony Reyes,
    A man has been arrested in connection with the kidnapping and death of a 37-year-old man whose body was found near Pecos Road and Owens Avenue April 10.
  • Friday, June 14 2013 4:33 PM EDT2013-06-14 20:33:29 GMT
    LAS VEGAS -- A former assistant property manager for the General Services Administration in Las Vegas who oversaw the federal courthouse pleaded guilty Friday to witness tampering and making false statements
    A former assistant property manager for the General Services Administration in Las Vegas who oversaw the federal courthouse pleaded guilty Friday to witness tampering and making false statements to federal agents.

LAS VEGAS (AP) -- An appeals court is upholding the 2009 conviction of two former Bank of China managers and their wives for racketeering, money laundering and conspiracy to transport stolen money.

But the U.S. Court of Appeals for the Ninth Circuit, in San Francisco, sent the case back for resentencing. It said more justification was needed.

A U.S. District Court judge sentenced Xu Chaofan to 25 years in prison and Xu Guojun to 22 years. He sentenced their wives, Kuang Wan Fang and Yu Ying Yi, to eight years. The judge also ordered the four to pay $482 million in restitution.

Thursday's ruling affirmed the defendants' role in a scheme to embezzle hundreds of millions from the state-owned bank and launder the money around the world, including in Las Vegas casinos.

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