Four suspects, including two men from Bergen County NJ, were indicted on fraud charges in NY.

The indictments were issued by a grand jury in the U.S. District Court for the Southern District of New York. The suspects are accused of committing fraud when they attempted to sell a high-rise building in Vietnam for roughly $800 million. Federal prosecutors alleged that the sale was a violation of the US Foreign Corrupt Practices Act.

While all four suspects have been charged with violating the corruption statute, three of the suspects have also been charged with money laundering, wire fraud, and aggravated identity theft.

The suspects include a 38-year-old man from Tenafly NJ, a 35-year-old man from Edgewater New Jersey, a NY resident, and a man from South Korea.

According to authorities, the Tenafly NJ suspect worked with his father, the South Korean man, and attempted to bribe a foreign official so that the building sale would be approved in March 2013. If the sale had been approved, the Tenafly suspect would have been in a position to make millions of dollars in commissions. That’s because he worked as a real estate broker.

The Edgewater NJ suspect allegedly helped to provide the bribe money to the other fraud suspects.

The two Bergen County NJ suspects are already in police custody, while the other two suspects remain at large.

To learn more about this case, see the NJ.com article, “2 N.J. Men Charged in $2.5M Bribery Scheme.”