Ex-GM manager accused of taking $3 million in bribes from South Korean parts supplier

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Ex-GM manager accused of taking $3 million in bribes from South Korean parts supplier
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The former General Motors manager was arrested in Los Angeles on charges of taking more than $3 million in bribes from South Korean auto parts supplier

AdvertisementGM released a statement saying it was cooperating with federal investigators.

The indictment charged So with one count of conspiracy to commit bribery. Prosecutors say the amount of the alleged kickback was unusually high for a purchasing agent at one of America’s biggest corporations. Agents from U.S. Homeland Security Investigations seized $3.19 million in cash from a private vault in Los Altos in 2017, and they believe that was part of the bribe proceeds, authorities said. The money was returned to South Korean authorities, they said.

The supplier — listed in the indictment as an unnamed co-conspirator — and another unnamed accomplice arranged for money brokers in South Korea and Los Angeles to transfer $1 million in cash to the United States, the indictment says. The accomplice rented a car in L.A. and drove the cash to Detroit, where the supplier picked it up and gave it to So at a hotel in Troy, Mich., it says.

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