Police looking for more fraud victims
Authorities are looking for victims of an alleged fraud scheme that promised investors returns on money given to sponsor trips to China and Taiwan for prominent politicians.
Irvine resident Kuei Fuang Tsuei Hu, 62, and her son Jack Hu, 26, were arrested in October and charged with three counts of wire fraud. Jack Hu was also charged with misusing the U.S. seal, according to an FBI news release.
The two are accused of defrauding customers by telling them their money was being invested in Jack Hu’s company, London International Group, to sponsor visits to China for former presidents George W. Bush and Bill Clinton or to send former Vice President Al Gore to Taiwan. Customers were made to believe they would see a large return on their investment.
The Hus allegedly used a large portion of the money for personal use, including gambling in Las Vegas.
The two are face a maximum sentence of 60 years in federal prison if convicted on all charges.
Anyone will information is asked to contact the FBI’s Santa Ana office at (714) 542-8825.
— Britney Barnes
Twitter: @BritneyJBarnes
All the latest on Orange County from Orange County.
Get our free TimesOC newsletter.
You may occasionally receive promotional content from the Daily Pilot.