Developer who paid $500,000 bribe to Los Angeles councilman sentenced to 6 years in federal prison
Source: Associated Press
Developer who paid $500,000 bribe to Los Angeles councilman sentenced to 6 years in federal prison
Published 8:30 PM EDT, July 21, 2023
LOS ANGELES (AP) — A real estate developer was sentenced Friday to six years in federal prison for paying $500,000 in bribes to a Los Angeles city councilman for help with a downtown project.
Dae Yong Lee, also known as “David Lee,” also was fined $750,000 and a company that he controlled was fined $1.5 million plus prosecution costs, the U.S. attorney’s office said in a statement.
Prosecutors said that in 2017, Lee bribed José Huizar and the councilman’s special assistant to help resolve a labor organization’s appeal that was blocking approval of a planned development that was to include more than 200 residences and some 14,000 square feet (1,300 square meters) of commercial space.
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Last year, Lee and the company were convicted of bribery, honest services wire fraud and falsifying records in federal investigations to conceal the bribes.
The sentence was the latest in a sweeping corruption case swirling around Huizar, whom authorities said ran a pay-to-play bribery scheme from 2013 to 2017 tied to the approval of downtown high-rise developments.
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Read more: https://apnews.com/article/real-estate-developer-bribery-jose-huizar-65bbf2719279baf6d32dfb8d6c57d2e6
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