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Aide to China billionaire developer admits to unlawful-activity funding

Published Wed, Sep 23, 2015 · 09:50 PM
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New York

THE right-hand man to a billionaire Chinese real estate developer arrested by US authorities for smuggling US$4.5 million into the country has admitted the money was used to pay people for "unlawful activities", a federal prosecutor said.

Jeff Yin, who worked for Macau developer Ng Lap Seng, made those statements during a post-arrest interview on Saturday with US law enforcement, prosecutor Daniel Richenthal told a federal judge in Manhattan.

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