Sherry Xue Li, 53, agreed to turn over $31.5 million she and business associate a collected in the fundraising scheme, federall prosecutors said.

More than 150 people, many foreign nationals from China, were duped into investments in hopes of winning legal residency in the United States.

A subcommittee of the US House of Representatives has proposed reviving the Department of Justice's (DOJ) China Initiative, a ...

The court records and details about a years-long history of financial problems are emerging as FBI agents conduct an investigation involving Beasley that is focused on wire fraud, gambling and ...