After helping to import illegal Chinese cigarettes and launder over $7 million (US$4.71 million) in cash, a Sydney woman will soon learn her likely jail term.
Caixia Li, 49, faced a sentencing hearing in Parramatta District Court on Tuesday with her defence team arguing she played a role in an “unsophisticated” scheme in which she could be traced by authorities.
Li has pleaded guilty to one count of dealing with the proceeds of crime over $1,000,000 and one count of importing tobacco products with an intent to defraud the revenue.
She funnelled a total of $7.4 million earned by selling Chinese cigarettes through 23 corporate bank accounts….