DOJ Strikes 37th Plea Deal In Real Estate Bid-Rig Probe

Law360, New York (November 5, 2013, 1:27 PM EST) -- The U.S. Department of Justice announced on Monday that a California investor has pled guilty to participating in bid-rigging and mail-fraud schemes at public real estate foreclosure auctions, growing the DOJ's list of guilty pleas in its wide-ranging probe to 37.

San Francisco's Kuo Hsuan Chang entered his guilty plea in a Northern California federal court, copping to Sherman Act and mail fraud statute violations, the DOJ said in a statement Monday. Bill Baer, the DOJ's assistant attorney general in the antitrust division, lauded the enforcement...
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