LOS ANGELES—A commercial real estate developer has agreed to plead guilty to paying off a Los Angeles County employee in exchange for help obtaining a government lease worth $45 million, according to court papers obtained Wednesday.
Arman Gabay, 61, of Beverly Hills, is expected to enter his plea to a bribery count on a date to be determined, according to his plea agreement, filed late Tuesday in Los Angeles federal court.
Gabay, a co-founder and co-managing partner of the Charles Company, a Hollywood-based real estate development firm, admitted paying cash bribes to the employee for more than six years.
According to federal prosecutors, the government employee’s job involved negotiating leases for the county to rent office space from private parties and he had “significant autonomy to contractually bind the county.”
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