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Billionaire Chinese developer paid others for 'unlawful activities': U.S.

The right-hand man to a billionaire Chinese real estate developer arrested by U.S. authorities for smuggling $4.5 million into the country has admitted the money was used to pay people for “unlawful activities,” a federal prosecutor said. Jeff Yin, who worked for Macau developer Ng Lap Seng, made those statements during a post-arrest interview on Saturday with U.S. law enforcement, prosecutor Daniel Richenthal told a federal judge in Manhattan. “He