Financial Crime Financial Crime

US businessman admits to bribing South Korean official

By Richard Vanderford
  • 17 Dec 2020 17:48
  • 17 Dec 2020 17:48
A New Jersey businessman has pleaded guilty to violating the Foreign Corrupt Practices Act for paying $100,000 in bribes to a South Korean official to obtain contracts with that country's defense ministry.

Deck Won Kang admitted to a single count of violating the FCPA's antibribery provisions, entering his plea in a video hearing

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