Date: October 13th, 2020

Chinese Company’s Arcadia Subsidiary to Pay More Than $1M in L.A. City Hall Bribery Case
Crime

Chinese Company’s Arcadia Subsidiary to Pay More Than $1M in L.A. City Hall Bribery Case

A Chinese company’s Arcadia subsidiary, established to redevelop a downtown Los Angeles hotel, has agreed to pay $1,050,000 to resolve an investigation into the company’s conduct with public officials in the City of Los Angeles, including bribery, honest services fraud, and foreign and conduit campaign contributions. A three-year non-prosecution agreement (NPA) with Jia Yuan USA…

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