Chinese Con Artist Who Sold Access to Two Ex-U.S. Presidents Learns Fate

Jack Hu swindler George W Bush.jpg
Swindler Jack Hu with George W. Bush
Using great props to fake credibility, a shameless Orange County mother-son con artist team convinced investors to hand them as much as $2 million in a scam involving speaking engagements for U.S. presidents Bill Clinton and George W. Bush as well as former Vice President Al Gore.

After their 2011 federal indictments, Kuei Fuang Tsuei Hu and Jack Hu eventually admitted their guilt in the criminal plot and this week the mom received news of her punishment inside the Ronald Reagan Federal Courthouse in Santa Ana.

Hu, 63, had argued for a sentence of no more than 30 months of incarceration, but U.S. District Court Judge David O. Carter, who rejected government attempts to seal a portion of the case from public view, sentenced her instead to a term of 37 months. 

Carter also ordered her and her 27-year-old son, who has not yet been formally sentenced, to pay more than $1,035,000 in restitution to victims.

The duo used meaningless photographs and the Seal of the United States as well as a luxury setting, the St. Regis Monarch Beach resort in Dana Point, to deceitfully convince investors that their London International Group was a legitimate operation and that they could get Bush, Clinton and Gore to attend special meetings in China and Taiwan.

Kuei Fuang Tsuei Hu mug fbi.jpg
Bad mommy
The brazen scam victimized at least six individuals, according to court records reviewed by the Weekly.

Both defendants remain locked under federal custody inside the Santa Ana Jail.

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Wow!  This is incredible.


March 2011, I attended a very professional  and free financial summit hosted by Jack Hu and his London International Group outfit here in Orange County.  This event was very well attended by members of other professional associations and leaders of various chambers and companies.


He did have some very high-caliber speakers:


Former Treasury Secretary, Henry Paulson, whose autographed book I bought.  (although, Jack claimed that I embarrassed him by asking Sec. Paulson a question that implied that he benefitted to the tune of abut $700 million by the financial bailouts that he led, and which represented a Conflict of Interest given that he was bailing out a firm in which he stood to benefit by bailing them out.)


Welcome Address by Mayor Sukhee Kang, City of Irvine

He also had a very excellent Keynote speaker, Dick Kempthorne, a former US Senator and former Secretary of the Interior.


and he had John Chiang, CA State Controller speak.


Jack Hu, was also a very polished speaker, and presented "The Changing Faces of China" - a very well done presentation (I worked in China in 4 separate trips, including once in Honk Kong.)


Event was held March 10, 2011 at the Irvine Marriott18000 Von Karman Avenue Irvine, California

MARCH 10, 2011 MORNING SESSION (8:00 – 12:00 PM)Registration opens at: 7:00 AM8:00 AM


I did wonder as to how was it that he could afford to HIRE these great speakers, and HOST THIS FREE summit . . . unless this was an expensive investment in developing his business further . . I guess he was building his "bona fides" to move-on to the next stage of the scam.


Francisco J. Barragan

Past President, ALPFA-OC

Past President, The Inst. of Internal Auditors-OC


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