A Florida woman pleaded guilty Friday of spying for China and conspiring to commit international money laundering.
The U.S. Department of Justice said Amin Yu, 54, "admitted to secretly serving as an agent of the Chinese government" by illegally exporting technology related to marine submersibles to a state-run Chinese university.
According to the plea agreement, Yu obtained the marine technology between 2002 and 2014 from companies in the United States and then exported it to China by filing false custom claims and significantly undervaluing the material.
Florida prosecutor A. Lee Bentley said Yu "made hundreds of thousands of dollars by acting covertly in Orlando on behalf of the Chinese government and by skirting U.S. export laws and regulations."
The Justice Department said Yu faces a maximum penalty of 10 years in prison for acting as an illegal agent of a foreign government and up to 20 years in prison for conspiring to commit money laundering. She is scheduled to be sentenced in August.