Sign in to comment!

Menu
Home

CRIME

'Shrimp Boy' pleads not guilty to new racketeering charge in San Francisco Chinatown probe

The man prosecutors say headed a crime syndicate based in San Francisco's Chinatown has pleaded not guilty to a new charge of racketeering.

Raymond "Shrimp Boy" Chow was in federal court Wednesday to enter the plea to a newly filed indictment that carries all the same charges as the old one, but also includes a racketeering count. The indictment says he served as gang leader of a corrupt Chinatown community organization that bribed a state senator and laundered money among other crimes.

The racketeering count alleges that Chow orchestrated a wide-range of alleged criminal activity, including the bribing of state Sen. Leland Yee.

Yee is also charged with racketeering in the new indictment in addition to bribery charges. He is scheduled to enter a plea Thursday.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 4.12% up 4.00%  
15 Y Fixed Graph 3.14% up 3.00%  
30 Y Fixed Jumbo Graph 4.24% up 4.17%  
5/1 ARM Graph 3.25% up 3.01%  
5/1 Jumbo ARM Graph 3.61% up 3.52%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.67% up 4.32%  
$50K HELOC Graph 4.04% up 3.99%  
$30K Loan Graph 5.00% up 4.99%  
$50K Loan Graph 4.36% -- 4.36%  
$75K Loan Graph 4.36% -- 4.36%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.70% dw 2.84%  
36 M Used Graph 3.19% dw 3.37%  
48 M New Graph 3.03% dw 3.16%  
48 M Used Graph 2.91% dw 3.00%  
60 M New Graph 3.07% dw 3.17%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.39% up 0.38%  
1 yr Graph 0.70% -- 0.70%  
5 yr Graph 1.50% dw 1.50%