Norman Hsu the Hillraiser

Big Nazo Puppets perform at a fund raiser for the American Red Cross at the Blue Pelican Read Full Story

NEW YORK, Sept. 30 (UPI) -- One-time U.S. Democratic Party fundraiser Norman Hsu must serve more than 24 years in prison for illegally funneling cash to candidates, a judge says. U.S. District Court Judge Victor Marrero ruled in New York Tuesday Hsu, a legal immigrant from Hong Kong, must serve a sentence of 292 months after a jury convicted him of illegal political fund-raising and he pleaded guilty to 10 counts of mail and wire fraud stemming from his role in a $20 million Ponzi scheme, The Wall Street Journal reported. Hsu told Marrero before his sentence was handed down. Prosecutors said Hsu wasn't ... Read Full Story

Just handed down by a Federal Judge in California... According to the WSJ , Democrat Fundraiser Norman Hsu was sentenced to 24 years in Federal Prison today, for "illegally funneling tens of thousands of dollars to U.S. political candidates and for his role in a Ponzi scheme." It is estimated that the Hsu's scheme bilked investors out of more than $20 million, out of which he made substantial donations to Democrat officials and entities. Hsu shuffled more than $850,000 to Hillary Clinton's campaign for president. He became known for having pressured Chinese Restaurant cooks here in the United States illegally to sign their names ... Read Full Story

AP – Former Democratic fundraiser Norman Hsu (shoo) is headed for a lengthy prison sentence after his conviction for violating campaign finance laws. Read Full Story

Norman Hsu, a Chinese-American businessman and fundraiser for the Democratic Party, was sentenced Tuesday in New York to 24 years prison for fraud. Hsu, 58, was convicted on charges of operating an 80 million dollar pyramid fraud, or Ponzi scheme, and violating campaign finance laws. Hsu's scam was to attract investments to his two companies, Components Ltd and Next Components Ltd, with promises of guaranteed, short-term, high returns. In reality, the returns were monies stolen from new investors. He became a supporter of Democratic causes, including the presidential campaigns of Hillary Clinton and Barack Obama, to boost his standing and ability to attract further ... Read Full Story