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Defense Contracts

Bergen Businessman Admits Paying $100,000 Bribe To Korean Official For Defense Contracts Bergen Businessman Admits Paying $100,000 Bribe To Korean Official For Defense Contracts
Bergen Businessman Admits Paying $100,000 Bribe To Korean Official For Defense Contracts A Bergen County businessman admitted Thursday that he bribed a high-ranking Korean defense official to get and keep defense contracts with the country. Deck Won Kang, 50, a U.S. citizen from Englewood Cliffs, was an officer, director, employee, and agent of two closely held New Jersey companies when he promised “something of value” to a high-ranking official in the Korean Navy when he left office. The official had worked for a state-owned and -controlled agency within the Republic of Korea’s Ministry of National Defense, federal authorities said. FBI agents arrested Kang after he sent $10…