Associated Press
NEWARK, N.J. - Four people who operated an electronics firm pleaded guilty Tuesday to illegally shipping nearly $400,000 in items that could be used for military purposes to entities controlled by the Chinese government.
Manten Electronics Inc. president Xu Weibo, 38, and three co-defendants each pleaded guilty to a single charge of conspiring to violate export laws. All four are naturalized U.S. citizens from China.
They admitted they lied to U.S. distributors and on shipping documents to conceal the shipments. The conspiracy charge carries up to five years in prison and a fine of up to $250,000 or twice any profits.
Posted by Richard at September 14, 2005