INVESTIGATIONS: The Swindler From Seoul

To some 20 Congressmen. South Korean Rice Broker Tongsun Park was a well-heeled friend who entertained lavishly and contributed thousands of dollars to their election campaigns. To the Park Chung Hee regime in Seoul, Businessman Park (no kin to the autocratic President) was a wily influence peddler who over the past decade spent millions of dollars in Washington to head off threatened cutbacks in U.S. military aid or the withdrawal of American troops from South Korea. In fact, TIME has learned, federal investigators have turned up evidence that Park was a master swindler. In a scheme worthy of Terry...

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