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?

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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.

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 Counts

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?