A Southern California real estate developer pleaded guilty on Thursday in a money-laundering case that involved providing illegal contributions to the campaigns of six Los Angeles politicians.
Samuel Leung, 70, entered a plea to conspiracy to commit campaign money laundering, the Los Angeles Times reported.
The Torrance-based developer was sentenced to five years’ probation and 500 hours of community service and will pay an as-yet-undetermined amount in restitution.
The Times had reported that beginning in 2009, more than 100 people and companies with ties to Leung made more than $600,000 in political donations while his six-story apartment project was being reviewed.
The scheme involved illegally reimbursing the donors, which included Leung’s relatives and workers, the Times said.
The article has been summarised and the original full article can be found at bradenton.com