LOS ANGELES (AP) — The co-owner of a Los Angeles County toy company was sentenced Monday to eight months in prison for her role in a money laundering scheme that prosecutors say involved millions of dollars in Colombian and Mexican drug money.
Prosecutors said U.S. cash deposits were used in a complex arrangement that attempted to conceal illicit drug proceeds.
Dan “Daisy” Xin Li, 44, of Diamond Bar, was also sentenced in U.S. District Court Monday to six months of home detention. She and her husband — Jia “Gary” Hui Zhou, 44 — pleaded guilty last year to structuring money transactions at their toy wholesaler, Woody Toys, to avoid federal reporting requirements.
“This sentence should leave no question about the high price businesses will pay for complicity with narco traffickers,” said Claude Arnold, special agent in charge of Immigration and Customs Enforcement’s Homeland Security Investigations in Los Angeles. “Unscrupulous companies that help cartels…
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