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samsung fined for campaign contributions - samsung america
Samsung USA
On Monday, a federal court admitted that it had illegally donated $10,000 to represent the company. Jay C.
Kim's campaign and paid a fine of $150,000.
This raised the amount of fines charged by the government in suing companies that illegally sent money to Diamond Bar Republicans for 1 million games to $1992.
On December, Hyundai Motor paid a fine of $600,000, and Korean Airlines paid $250,000 after signing a similar plea deal with the United States. S.
Law firm
Companies and foreigners are prohibited from contributing to federal election activities.
In exchange for a plea of guilty to Samsung's US misdemeanor on Monday, the federal government agreed to end its investigation into more serious possible crimes, including obstruction of justice, conspiracy and mail fraud, which is the responsibility of the company and its employees.
Samsung America, a subsidiary of South Korea's largest conglomerate, has pledged to help the South Korean government continue its investigation into campaign financial fraud.
The company has provided "substantial help" to the government to investigate other possible criminals"S. Dist.
Judge Lourd G.
Baird said in accepting the request.
No more details, but Assistant USAS. Attys. Stephen A.
And Edward. Moreton Jr.
The investigation continues.
So far, the headquarters of the three convicted companies are in South Korea, where Kim Jong Il was born.
Kim, the first Korean-American elected to Congress, is under investigation but has not yet been charged.
He argued that he was not aware of the company's donation to his campaign.
According to the government, Samsung USA has contributed staff channels to Jay King of the congressional campaign committee. On Sept.
Samsung provided $1992 in cash to each of 2,000, 1 manager, 1 assistant manager, 1 credit coordinator and 2 accountants.
Over the next two days, everyone sent a personal check of the amount to Kim Jong Il's campaign.
Hyundai donated $4,500 to Kim's campaign, Korean Airlines donated $5,000, and also used the employee pipeline.
On Monday, Samsung appeared in court for the United States, Zhao Nanyun, president of the subsidiary, who spoke through an interpreter.
Zhao is represented by defense lawyer Brian.
Sun in Santa Monica
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