Chinese development firm fined 4 million in LA bribery case

Chinese development firm fined 4 million in LA bribery case

LOS ANGELES (AP) — A company owned by a billionaire Chinese real estate developer was fined $4 million on Friday for bribing a Los Angeles city councilmember for help in getting a downtown skyscraper approved. Shenzhen New World I LLC was given the maximum penalty and was also placed on…Read More

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