Guilty plea in loan sharking scheme

Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Updated: 6/17/2014 6:55 am

SANTA ANA, Calif. (AP) — An Orange County businessman accused of running a loan sharking scheme and hiring a police officer as his "enforcer" has pleaded guilty after reaching a deal with federal prosecutors.

The Los Angeles Times reported Monday that Kevin Tuan Khanh Do entered a guilty plea to a single count of making a false statement to a federal agency.

Prosecutors had said Do charged a lounge owner in Santa Ana's Little Saigon a 60 percent annual interest rate after lending her $170,000.

Prosecutors agreed to drop other charges against Do after he cooperated with Department of Justice officials.

Meanwhile, the trial of Anthony Duong Donner, a former Westminster police officer accused of being an enforcer for Do, has been pushed back until June 2015.

©2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

0 Comment(s)
Comments: Show | Hide

Here are the most recent story comments.View All

No comments yet!

Featured Segments/Shows

All content © Copyright 2015 Intermountain West Communications, LLC. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.
You may also view our Sitemap

Inergize Digital This site is hosted and managed by Inergize Digital.
Mobile advertising for this site is available on Local Ad Buy.