Fake Stamps, $158M Loss, 2.5 Years | Irvine News

Presented by The Plant Daddies — rare specimen trees, living art, and hand-carved limestone vessels and fountains for extraordinary spaces. Showrooms in Los Angeles and Irvine. Listeners of Irvine News Today receive 10% off with code LANEWS10. theplantdaddies.com/lanews A Chinese-American woman, Lijuan Chen, 53, got a two-year, six-month prison sentence and owes over $158 million in restitution after running a massive counterfeit postage scheme that cost the USPS $150 million. She used fake stamps to ship nearly 9 million packages — mostly for Chinese e-commerce businesses seeking cheaper rates — and her husband, who fled to China after being questioned, helped start the operation. Authorities seized 12 homes, four CDs, and six insurance policies as part of the crackdown. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/39d0ed452f3057b2