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.
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