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Former financial advisor Li Lin Hsu, 42, is heading to prison for scamming 20 clients out of nearly $8.1 Million. So reports The San Gabriel Valley Tribune.

louvre 102840 640 smallHsu was sentenced to 11 and a half years—136 months—in federal prison. She also has to pay $5.2 million in restitution.

Hsu promised her victims—some of them her relatives—that she would invest their money safely. She earned the trust of her clients of Chinese descent, in part, by speaking to them in their native language. Instead of investing their money, she kept it for herself, taking a vacation to Paris and buying a Tesla and homes in Diamond Bar and Irvine, California.

Hsu later turned her misdeeds into a ponzi scheme, taking money from some investors to pay others. Ameriprise fired her in 2015 when they found out about her behavior.

Read the full article from The San Gabriel Valley Tribune.

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