Overview
- A federal judge in the Central District of California imposed the statutory maximum prison term plus three years of supervised release.
- Li fled supervision in December 2025 after cutting off his electronic monitoring device, and authorities are seeking his return to serve the sentence.
- Prosecutors describe a Cambodia-based network that groomed victims through unsolicited social-media outreach, dating platforms, spoofed crypto sites, and tech-support ruses.
- Court filings attribute at least $73.6 million in victim funds to the ring, including about $59.8 million routed through U.S. shell companies before conversion to crypto.
- Eight co-conspirators have pleaded guilty, and Li is the first defendant directly involved in receiving victim funds to be sentenced following a multi-agency probe led by the U.S. Secret Service.