Chinese Company Fined $4M for Los Angeles Councilman Casino Chip Bribery

Chinese real acres developer Shenzhen New World has been fined $4 million. That’s the tab for bribing Los Angeles councilmember Jose Huizar to win favorable handling on its applications programme to establish a downtown LA skyscraper. The company’s billionaire owner, Wei dynasty Huang,  showered Huizar with cassino chips…