Shin Da Enterprises Inc. v. XIANG YONG

IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF PENNSYLVANIA SHIN DA ENTERPRISES INC., et al., : CIVIL ACTION Plaintiffs, : : v. : : WEI XIANG YONG, et al., : Defendants. : No. 21-cv-03384 MEMORANDUM KENNEY, J. JANUARY 2, 2024 I. INTRODUCTION In this civil Racketeer Influenced and Corrupt Organizations Act (“RICO”) action, Plaintiffs alleged that Defendants orchestrated a years-long fraudulent scheme that involved submitting false invoices on construction projects in order to bilk money from banks, the federal government, and subcontractors. After a seven-day jury trial, the…