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Hillary Clinton Fundraiser Norman Hsu Sentenced to 24 Years in Prison on Federal Fraud and Campaign Finance Charges

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captdea8864012e3454191fnm8 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

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 Case

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Hillary Clinton Watch: Norman Hsu Wants Plea Deal Withdrawn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?


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