Senator Hillary Clinton Of New York

Senator Hillary Clinton Of New York

Presidential hopeful, and former first lady. Democratic Senator Hillary Clinton of New York. Senator Clinton's current term expires in 2007.

Democratic fundraiser faces NY sentencing

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

Hsu is scheduled for sentencing Tuesday in Manhattan federal court.

His donations became an embarrassment for then-Sen. Hillary Rodham Clinton's presidential campaign. His arrest led Clinton to return more than $800,000 to donors linked to Hsu.

Last week, prosecutors urged the judge to sentence Hsu to 30 years to life in prison.

Prosecutors said Hsu obtained millions of dollars from investors by claiming clothing or high-technology ventures would pay returns of 14 and 20 percent. Instead, he spent the money on himself.

Hsu's decade-long Ponzi scheme collapsed in September 2007.

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