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Hillary Clinton Fundraiser Norman Hsu Sentenced to 24 Years in Prison on Federal Fraud and Campaign Finance Charges
Norman Hsu, 56, is escorted into a Redwood City, Calif., courtorom, Friday, Sept. 21, 2007. Hsu on Tuesday was charged with fraud and campaign finance violations in a case that prompted Democratic presidential hopeful Hillary Clinton to return hundreds of thousands of dollars in contributions
Former Democratic Party and Hillary Clinton fundraiser has been sentenced to 24 years in prison today on federal charges – separate from his earlier California convictions.Former Democratic fundraiser Norman Hsu was sentenced to more than 24 years in prison Tuesday by a judge who accused him of funding his fraud with a “conniving use of the political process.”
U.S. District Judge Victor Marrero sentenced Hsu to 20 years in prison for his guilty plea to fraud charges and another four years and four months in prison for his conviction at trial for breaking campaign finance laws.
The judge said Hsu stole more than $50 million from hundreds of investors in a 10-year fraud by winning their confidence with a pristine reputation, even as he ripped them off in a complex Ponzi scheme, a recipe that the judge noted fits many white collar crimes.
He called Hsu a “wolf in sheep’s clothing.”
He said his “conniving use of the political process to fund his fraud” made his crimes “much more sinister and reprehensible.”
Before he was sentenced, Hsu apologized.
His donations became an embarrassment for Hillary Rodham Clinton’s presidential campaign. His arrest led Clinton to return more than $800,000 to donors linked to Hsu.
Wonder if his hard-won Democrat friends, like Bill and Hillary will send him a cake while he is sitting in Club Fed?
Norman who?
Previous:
Former Democratic Party Fundraiser Norman Hsu Pleads Guilty in Federal Fraud CaseHillary Clinton Fundraiser Norman Hsu Sentenced to Three Years in Prison
Norman Hsu Watch: INDICTED on 15 CountsHillary Clinton Watch: Norman Hsu Case Postponed Amid Rumors of a Plea Deal
Hillary Clinton Watch: Unlikely Chinatown Campaign Contributions Raise More Questions
Bill and Hillary Clinton: Double Trouble
Hillary Clinton Watch: Norman Hsu Wants Plea Deal Withdrawn
Hillary Clinton Watch: Hsu Contributions Help Hillary Supporters
Michael Ramirez on Hillary Clinton and Norman Hsu
Hillary Clinton Watch: Will Return $850,000 in Norman Hsu Contributions? Maybe
Hillary Clinton Watch: Will Return $850,000 in Hsu Contributions?
Technorati Tags: Norman_Hsu, Bill_Clinton, Hillary_Clinton
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Another Major Democratic Party and Clinton Political Donor Charged and Arrested
President Bill Clinton in 1997 with Democrat Party donor Hassan Nemazee on right
Talk about a culture of corruption.Hassan Nemazee, chairman of Nemazee Capital Corp. and a fundraiser for President Barack Obama and Hillary Clinton, was arrested on charges he used phony documents to trick Citigroup Inc. into lending him as much as $74 million.
Nemazee got the loan by telling Citibank he held accounts with hundreds of millions of dollars that could serve as collateral, U.S. Attorney Preet Bharara said today in a statement. The financier used fake addresses and phone numbers controlled by him to mislead the bank, prosecutors said.
The accounts “either never existed or had been closed years before Nemazee submitted the documents referencing those accounts,†Bharara said in the statement.
Nemazee, 59, repaid the loan to Citibank yesterday, a day after he was interviewed by Federal Bureau of Investigation agents, prosecutors said. The interview took place at Newark Liberty International Airport as Nemazee was checking in for a flight to Rome.
Another favorite fundraiser of the Clinton’s, Norman Hsu is in prison on a California conviction and awaits sentencing on his federal campaign finance fraud conviction.In the 2008 presidential campaign, Nemazee raised at least $100,000 for Clinton, and then went on to bring in at least $500,000 for Obama after he defeated her in the primary campaign, according to the Washington watchdog group Public Citizen. Clinton is now secretary of state.
Technorati Tags: Hassan Nemazee, Norman Hsu
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Former Democratic Party Fundraiser Norman Hsu Pleads Guilty in Federal Fraud Case
Norman Hsu, 56, is escorted into a Redwood City, Calif., courtorom, Friday, Sept. 21, 2007. Hsu on Tuesday was charged with fraud and campaign finance violations in a case that prompted Democratic presidential hopeful Hillary Clinton to return hundreds of thousands of dollars in contribution
Norman Hsu pled guilty today to ten seperate federal fraud charges.Hsu, 58, entered his plea today in Manhattan federal court. In 1991, he pleaded no contest in California and was convicted of grand theft for stealing $1 million from investors in a scheme to buy and resell latex gloves. He failed to appear for sentencing and spent 15 years as a fugitive. He was re-arrested in 2007 and sentenced to prison by a California judge.
In the intervening years, Hsu raised hundreds of thousands of dollars for Democratic candidates and party committees, including then-U.S. Senator Hillary Clinton, the Democrat from New York and former presidential candidate who is now U.S. secretary of state, according to the Center for Responsive Politics, a Washington-based research group.
Hillary Clinton and the numerous other Democratic POLS got offf easy in the Hsu case by simply refunding the money. However, the scrutiny of Democrat political donors has been enhanced and the media is no longer content with sitting back and not following the money.
Previous:Hillary Clinton Fundraiser Norman Hsu Sentenced to Three Years in Prison
Norman Hsu Watch: INDICTED on 15 CountsHillary Clinton Watch: Norman Hsu Case Postponed Amid Rumors of a Plea Deal
Hillary Clinton Watch: Unlikely Chinatown Campaign Contributions Raise More Questions
Bill and Hillary Clinton: Double Trouble
Hillary Clinton Watch: Norman Hsu Wants Plea Deal Withdrawn
Hillary Clinton Watch: Hsu Contributions Help Hillary Supporters
Michael Ramirez on Hillary Clinton and Norman Hsu
Hillary Clinton Watch: Will Return $850,000 in Norman Hsu Contributions? Maybe
Hillary Clinton Watch: Will Return $850,000 in Hsu Contributions?
Technorati Tags: Norman Hsu, Hillary Clinton
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Day By Day by Chris Muir January 9, 2008
Is the money continuing to pour into your coffers, Chris? Good for you.
Now, that the pundits and polls were outlandishly wrong in writing off Hillary Clinton in New Hampshire, the Norman Hsu scandal will live on with a renewed Hillary campaign.
Although Hsu has been sentenced to prison in California, Flap believes the Federal investigation will come back and bite Hillary and other California politicians in the ass.
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Hillary Clinton Fundraiser Norman Hsu Sentenced to Three Years in Prison
As if last night’s third place finish in the Iowa Democrat Causcus wasn’t bad enough, Democrat and Hillary Clinton fundraiser Norman Hsu was sentenced today to three years in prison.
His troubles began dogging Sen. Hillary Rodham Clinton and other big-name Democrats last summer when news reports revealed he was a fugitive who fled the state before he was sentenced for the 1992 fraud conviction. He turned himself in on Aug. 31 — then fled again.
Federal corruption charges in New York are still pending.
Don’t be surprised if Rudy Giuliani mentions this tomorrow night at the GOP debate – Corruption in Democrat Campaigns.
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Norman Hsu Watch: INDICTED on 15 Counts
Norman Hsu, 56, is escorted into a Redwood City, Calif., courtorom, Friday, Sept. 21, 2007. Hsu on Tuesday was charged with fraud and campaign finance violations in a case that prompted Democratic presidential hopeful Hillary Clinton to return hundreds of thousands of dollars in contributions.
Flap told you that this sotry would rear its UGLY HEAD when Hillary Clinton was in the thick of Presidential politics.
Today, Norman Hsu was indicted by a federal Grand Jury and was accused of cheating investors of at least $60 million and using some of the money to to make illegal donations to political campaigns. In the 15-count indictment returned in U.S. District Court in Manhattan, the government accused the 56-year-old clothing-industry entrepreneur of duping investors nationwide with a massive Ponzi scheme. The government said Hsu also violated federal campaign finance laws by making contributions to various political candidates in the names of others.
The indictment charges Hsu, 56, with six counts of mail fraud, six counts of wire fraud and three counts of violating the Federal Election Campaign Act, which limits individual campaign contributions.
If convicted, Hsu could face 20 years in prison on each fraud charge and five years on each campaign finance charge, as well as fines, U.S. Attorney Michael Garcia said.
Will this indictment affect the Hillary Clinton Presidential campaign?
Probably not – she returned the money. But every time it is mentioned in the press it reminds voters of the sleazy conduct of her husband and former President Bill (remember Charlie Trie).
Norman Hsu and Senator Hillary Clinton
Although there my be a plea deal in the state of California, these “new” federal charges will, if Hsu is convicted, likely send him to prison for many years – unless he gives up something to federal prosecutors in return for a federal plea deal.
Might Hillary and other Democrat politicians have cause to be worried?
Perhaps
There are other legs to the Chinese connection for the Clintons to be concerned:
- Since former President Bill Clinton has not released the list of donors to his Presidential Library, might Hsu and his Chinese minions somehow be linked to donations there?
- And, if there is a growing federal criminal investigation into the New York City Chinese immigrant donations to Hillary’s campaign, there will be plenty of stories for her campaign to deflect.
Stay tuned……
Previous:Hillary Clinton Watch: Norman Hsu Case Postponed Amid Rumors of a Plea Deal
Hillary Clinton Watch: Unlikely Chinatown Campaign Contributions Raise More Questions
Bill and Hillary Clinton: Double Trouble
Hillary Clinton Watch: Norman Hsu Wants Plea Deal Withdrawn
Hillary Clinton Watch: Hsu Contributions Help Hillary Supporters
Michael Ramirez on Hillary Clinton and Norman Hsu
Hillary Clinton Watch: Will Return $850,000 in Norman Hsu Contributions? Maybe
Hillary Clinton Watch: Will Return $850,000 in Hsu Contributions?
Technorati Tags: Hillary Clinton
Your comments are welcome below and at My Dental Forum
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Hillary Clinton Watch: Norman Hsu Case Postponed Amid Rumors of a Plea Deal
Norman Hsu is escorted into a Redwood City, Calif., courtroom, on Sept. 21, 2007. Hsu, the jailed Democratic fundraiser who spent 15 years on the lam before finally being caught, has been arguing that government authorities made such little effort to run him down while he hobnobbed prominently with Sen. Hillary Rodham Clinton and other political luminaries that his rights to a speedy trial were violated.
The case has been postponed until January but a plea deal is possible between now and then. The longer this case lingers the more POTENTIAL damage it does to Hillary Clinton’s Presidential campaign.
The federal case based out of New York seems to have legs of its own. California’s Democrat Attorney General Jerry Brown may wish this embarassment to simply go away.
Since former President Bill Clinton has not released the list of donors to his Presidential Library, might Hsu and his Chinese minions somehow be linked to donations there?
And, if there is a growing federal criminal investigation into the New York City Chinese immigrant donations to Hillary’s campaign, there will be plenty of stories for her campaign to deflect.
Stay tuned…….
Norman Hsu and Senator Hillary Clinton
Previous:
Hillary Clinton Watch: Presidential Archive Material to be Made Available to the Public?
Hillary Clinton Watch: Why Does Hillary Support Driver’s Licenses for Illegal Aliens?Illegal Immigration Watch: The Issue the Democrats Dread
Hillary Clinton Now Supports Drivers Licenses for Illegal Aliens
Hillary Clinton Flip Flops on Drivers Licenses for Illegal Aliens
Technorati Tags: Hillary Clinton
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Hillary Clinton Watch: Unlikely Chinatown Campaign Contributions Raise More Questions Part Two
Powerline (Via Captain Ed) has the continuing story:Chinatown, part 2Yesterday’s New York Times reported that the Clinton campaign returned $7,000 of the $380,000 in Chinatown money that we noted yesterday. Sweetness and Light comments here; Hot AIr comments here.
And, from the New York Post: HILL’S CASH EYED AS CHINESE-LAUNDERED
Hillary Clinton’s campaign has been raising huge piles of money in Chinatown, but some of it has come from donors who can’t be located or who were improperly repaid for their contributions, according to The Post and other reports.
A search of Chinatown donors yesterday by The Post found several bogus addresses and some contributions that raised eyebrows.
Shin K. Cheng is listed twice in federal records for giving $1,000 donations to Clinton’s campaign on April 17.
But the address recorded on campaign reports is a clinic for sexually transmitted diseases, hemorrhoids and skin disease.
No one at the address knew of a Shin K. Cheng.
Another donation came from a Shih Kan Chang on Canal Street. But the address listed is a shop that sells knock-off watches and other pirated goods. The sales clerk there did not know the donor.
Hsiao Yen Wang, a cook in Chinatown, is listed as giving Clinton $1,000 on April 13. Contacted yesterday, she told The Post she had written a check.
But it was on behalf of a man named David Guo, president of the Fujian American Cuisine Council, and Wang told The Post that Guo had repaid her for the $1,000 contribution.
Such “straw donations” are strictly prohibited by federal law.
Straw donations, accepting donations from Norman Hsu, a convicted felon, Charlie Trie and the list of campaign ethical slime goes on and on.
When will the Federal Elections Commission start to do the job they were appointed to do? What about a federal Grand Jury in New York? The FBI?
Who are these characters like David Guo and the Fujian American Cuisine Council? Fronts for the Chinese government? Or Chinese criminal elements?
The questions are many but the answers are slow to arrive.
Why?
Previous:Hillary Clinton Watch: Unlikely Chinatown Campaign Contributions Raise More Questions
Bill and Hillary Clinton: Double Trouble
Hillary Clinton Watch: Norman Hsu Wants Plea Deal Withdrawn
Hillary Clinton Watch: Hsu Contributions Help Hillary Supporters
Michael Ramirez on Hillary Clinton and Norman Hsu
Hillary Clinton Watch: Will Return $850,000 in Norman Hsu Contributions? Maybe
Hillary Clinton Watch: Will Return $850,000 in Hsu Contributions?
Technorati Tags: Hillary Clinton
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Bill and Hillary Clinton: Double Trouble
Bill And Hil: Up To Their Old Tricks
Remember the rolling disclosures of the last presidency, when the Clintons would release just enough information after a scandal broke to placate the pliant media? Well, here they go again.
Only this time, they are telegraphing that they will keep certain things altogether secret should they return to the White House as co-presidents. And you thought they couldn’t be more brazen.
Both Clintons, for example, have refused to disclose the names of donors to the William J. Clinton Foundation. Bill says he will remain mum about all past donors, though he didn’t say that in so many words. As usual, you have to closely parse his words. Speaking of Hillary, he said, “If she gets elected president, I will disclose the contributions that people make from there going forward.”
Catch that? He will let the public know about any donations going forward — that is, after January 2009 — but not one donation before then. The $100 million-plus in donations raised for his library, “global initiatives” and other Clinton activities until that point will remain anonymous. In short, he really doesn’t plan to disclose a thing.
The same OLD TRICKS by the Dynamic Duo of Sleaze.
The latest in the Hsu Scandal.
Federal authorities have seized shady political fund-raiser Norman Hsu’s New York City bank accounts and the contents of his $8,000-a-month apartment, a lawyer said yesterday.
Will Norman start to HSU-SING about the Clinton Cabal and the Democrat Party?
Stay tuned as this story progresses…….
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Hillary Clinton Watch: Norman Hsu Wants Plea Deal Withdrawn
Hillary Clinton Watch: Hsu Contributions Help Hillary Supporters
Michael Ramirez on Hillary Clinton and Norman Hsu
Hillary Clinton Watch: Will Return $850,000 in Norman Hsu Contributions? Maybe
Hillary Clinton Watch: Will Return $850,000 in Hsu Contributions?
Technorati Tags: Hillary Clinton
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Hillary Clinton Watch: Norman Hsu Wants Plea Deal Withdrawn
Norman Hsu (L) is escorted inside a courtroom in Redwood City, California, September 21, 2007. Democratic fund-raiser Hsu was charged with fraud and campaign finance violations in a case that has prompted presidential candidate Sen. Hillary Clinton to return $850,000 in contributions.
Norman Hsu wants a do-over on grand-theft case
Good luck Norman……
And then there are all of those federal charges, including the Clinton investigation.
Stay tuned……..
Previous:Hillary Clinton Watch: Hsu Contributions Help Hillary Supporters
Michael Ramirez on Hillary Clinton and Norman Hsu
linton Watch: Will Return $850,000 in Norman Hsu Contributions? Maybe
Hillary Clinton Watch: Will Return $850,000 in Hsu Contributions?
Norman Hsu Watch: Fugitive Democrat Donor Hsu Captured in Colorado
Day By Day by Chris Muir September 7, 2007Day By Day by Chris Muir September 7, 2007
Day By Day by Chris Muir September 6, 2007