Point Loma Woman Sentenced to Over 5 Years for Embezzling Milllions From Employer
Ping ‘Jenny’ Gao took money from three firms; ‘went on a spending spree’ and bought $2.9 million home in Point Loma and new Porsche
City News Service — SDU-T / February 13-14, 2026 
A San Diego woman who pleaded guilty to embezzling more than $8.5 million from her employer and laundering the money was sentenced Friday to five years and three months in prison.
Ping “Jenny” Gao took money from three aviation investment firms and then “went on a spending spree” that included buying a $2.9 million home in Point Loma and a $160,000 Porsche, according to the U.S. Attorney’s Office.
She was later sued by her employer in San Diego Superior Court upon discovery of the theft and prosecutors say her defense case included repeated acts of perjury, in which she claimed the actual owner of the companies was an imposter.

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In a potentially explosive development, the largest private section union in San Diego has called upon the state-wide teachers’ union to withdraw their recommendation of Richard Barrera for California State Superintendent. Barrera is a trustee with San Diego Unified School District.
By Tyler Faurot /
“Don’t cause trouble. You’ll just make matters worse.”
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