Norman Hsu is a political machine. He's a major New York City fundraiser for the Democratic Party and for Hillary Clinton in particular. He earned his nickname the Hillraiser by raising over $100,000 for Hillary's presidential campaign.
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... Read Full Story
NEW YORK (Reuters) - A former U.S. Democratic Party fundraiser whose 2007 arrest prompted Hillary Clinton to return $850,000 in campaign contributions was sentenced to more than 24 years in prison on Tuesday. Hong Kong-born Norman Hsu, 58, was convicted in May by a jury in federal court in New York of violating election laws by making donations to political campaigns in other people's names. Hsu had earlier pleaded guilty to charges of mail fraud and wire fraud in running a Ponzi scheme of... Read Full Story
Norman Hsu, who used to be a major fundraiser for Hillary Clinton and the Democratic party has been sentenced to three years for fraud. John Coté at SFGate reports: Disgraced Democratic fundraiser Norman Hsu, who became a prolific political moneyman even as he was a fugitive from justice, was sentenced Friday to three years in state prison in a San Mateo County grand theft case that dates from the early 1990s. Hsu was sentenced in Redwood City more than 15 years after he skipped out on his... Read Full Story
Last week fundraiser Norman Hsu admitted in court to conducting a giant Ponzi Scheme to help top Democrat candidates with their campaigns. Hsu, a Chinese National, in trial pled guilty to the charges, though he is still contesting that he made "illegal campaign contributions." Hsu made more than $800,000 in campaign contributions to Hillary Clinton's Presidential campaign alone. In court, prosecutors played a gushing tape of her thanking Hsu, (from NBC NY ): "Norman! It's Hillary. What am I... Read Full Story
New Master CROOK Photo of Norman Hsu.... UPDATE September 9, 2007-Shadowy Money Trail of a Fugitive Fund-Raiser NEW! September 5th, 2007-FUGITIVE POLITICAL MONEY LAUNDERER NORMAN HSU SKIPS TODAY’S COURT DATE $2 MILLION BOND FORFEITURE & NEW ARREST WARRANTS EFFECTIVE! NEW! THE TA-LIN HSU CONNECTION THAT THE MEDIA MISSED! September 2, 2007 UPDATE! ALL CONTRIBUTION REPORTS FOR HSU, PAWS, FLORENCE FANG, SAMSON WONG and JAMES FANG (ALL BELOW) NEW UPDATE ON MIKE HONDA has been hit the WORST! Mr... Read Full Story
You all remember the Norman Hsu story, don’t you? If you need a refresher you can check this and this out. Today Norman Hsu was sentenced to 3 years in jail.
Disgraced political donor Norman Hsu was sentenced Friday to three years in prison after a judge rejected his bid to throw out a 16-year- old fraud conviction.
Just another example of the type of people the Clinton’s associate with. Nothing will be said about this in the mainstream media, and that what is so frustrating about... Read Full Story
Former top Democratic fundraiser Norman Hsu has told a federal judge in Manhattan he will plead guilty to 10 counts of wire and mail fraud. The 58-year-old Hsu (CHOO') was indicted in 2007 on charges of cheating investors of at least $20 million in what prosecutors say was a huge Ponzi scheme. He had been scheduled to go on trial Monday. The government also says he made illegal donations to politicians including Hillary Rodham Clinton. Her Senate campaign later returned money linked to him... Read Full Story
According to this article, Hillary Clinton has decided to return the bundled money she received from Norman Hsu after all.
Sen. Hillary Rodham Clinton’s presidential campaign said Monday it will return $850,000 in donations raised by Democratic fundraiser Norman Hsu, who is under federal investigation for allegedly violating election laws.
Clinton, D-N.Y., previously had planned only to give to charity $23,000 she received from Hsu for her presidential and senatorial campaigns and... Read Full Story
A federal prosecutor in New York City has accused former top Democratic fundraiser Norman Hsu (SHU) of forcing others to make illegal political contributions. Assistant U.S. Attorney Rua (ROO'-ah) Kelly says Hsu used his associations with political families including the Clintons and the Kennedys to boost his image and raise money for his illegal Ponzi scheme. Hsu pleaded guilty last week to wire and mail fraud, admitting he cheated investors of at least $20 million. But he insists through... Read Full Story
Via the San Francisco Chronicle : Fugitive political fundraiser Norman Hsu, who skipped out on San Mateo County authorities this week rather than face sentencing for a 1992 fraud conviction, was apprehended Thursday night by federal and local lawmen in Grand Junction, Colo. Authorities said Hsu was taken into custody at St. Mary’s Hospital in Grand Junction at 7 p.m. local time. He had been on the lam for almost two days after failing to appear in a Redwood City courtroom Wednesday to... Read Full Story
