At least $4 million in PPP loans went to a real estate company at the center of a federal bribery investigation involving a Los Angeles city councilman.
by Chuck Ross
The Trump administration loaned between $4 million and $10 million in coronavirus relief funds to a real estate company whose chairman allegedly bribed a Los Angeles city councilman with nearly $260,000 in poker chips, escort services and $600,000 in payments to settle a sexual harassment lawsuit.
Jose Huizar, the city councilman, was arrested on June 23 on charges that he accepted $1.5 million in bribes to help the developers of various real estate projects in downtown L.A.
A federal criminal complaint filed against Huizar said that a Chinese billionaire — identified in court filings only as “Chairman E” — provided bribes to Huizar for help advancing a development project to build a 77-story skyscraper in Los Angeles.