Yvette Wang, a Chinese national, was sentenced to 10 years in prison for her role in managing a $1 billion fraud scheme.

Yvette Wang, the former chief of staff to embattled Chinese businessman Guo Wengui, was sentenced to 10 years in prison by a Manhattan federal court. Her sentencing is tied to her involvement in a sprawling $1 billion fraud scheme that deceived hundreds of thousands globally.

An accomplice of self-exiled, jailed Chinese billionaire Miles Guo was sentenced Monday to 10 years in prison in the $1 billion fraud case against the convicted shyster.