To follow-up on a story ECTI published in August, Xun Wang, a former Managing Director of PPG Paints Trading (Shanghai) Co., Ltd., pled guilty earlier this month to conspiring to violate the International Emergency Economic Powers Act.
Wang, 51, faces a maximum sentence of five years of incarceration and a fine of up to $250,000. No sentencing date was set. As part of her plea agreement with the government, Wang has agreed to cooperate with law enforcement.
