Morro Bay
Real Estate
San Luis Obispo real estate developer indicted for bribes, forgery
– An executive at a San Luis Obispo-based real estate development company was arrested today on a federal grand jury indictment alleging he paid a local politician more than $95,000 in bribes and gifts in exchange for official acts benefiting the company’s development projects and then covered up the bribery scheme by forging documents, according to a news release from the United States Attorney’s Office Central District of California.
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