Chinese Magnate Is Accused of Lying About Millions in Cash He Brought to U.S.
When Ng Lap Seng, a Chinese real estate magnate, travels to the United States, he tends to do so in style — either flying commercial or on one of his private jets. And, the authorities say, he often comes with cash. Federal prosecutors say that on 11 such trips since 2013, Mr. Ng brought more than $4.5 million into the United States, with some stays lasting just a few days. Read more