Beverly Hills developer gets 4 years in prison for bribing L.A. County official
Beverly Hills developer gets 4 years in prison for bribing L.A. County official
Abstract
Arman Gabaee, 61, admitted giving a county official dozens of cash payoffs during furtive meetings in cars, restaurants and men's rooms while reaping lucrative real-estate leases in return. From 2010 to 2017, Gabaee made monthly $1,000 payoffs to Shepos in return for county leases, attractive rental terms, nonpublic information and other benefits. In December 2016, Shepos started cooperating with the FBI, which soon recorded him taking more bribes from Gabaee. Gabaee quickly moved to sell the property, saying the long-term $45-million lease from a reliable tenant made the property's market value soar overnight from $17 million to $500 million, according to the government. A few of them sobbed loudly after Gabaee got four years in prison. About 150 supporters wrote letters to the judge seeking leniency for Gabaee, including some expressing gratitude for the developer's gifts to charity, according Robert Shapiro, his attorney. Shapiro called for 18 months in home confinement and no prison time for Gabaee.