Big Dem Fundraiser Wanted On Swindling Charges
Los Angeles Times:
The Los Angeles Times will report on this website later tonight and in Wednesday's print editions that a major Democratic Party fundraiser named Norman Hsu is wanted by authorities for skipping out on an agreement to serve up to three years in prison after pleading no contest to grand theft swindling charges.
In an exclusive story by Chuck Neubauer and Robin Fields, The Times will report that for three years Hsu has been carving out a place of political and financial influence by funneling hundreds of thousands of dollars in campaign contributions into Democratic Party coffers, much of the money earmarked for Sen. Hillary Clinton. He has earned the ranking of Hillraiser for pledging to raise at least $100,000 for her.
In just the last 36 months Hsu has been involved in raising more than $1 million for Clinton and other Democrats. Howard Wolfson, a spokesman for the Democratic National Committee, confirmed today that Hsu had been a "longtime and generous supporter" of the party including Clinton. "We have no reason to call his contributions into question or to return them," Wolfson added.
Read the whole story: Los Angeles Times



First Posted: 03/28/08 03:44 AM ET Updated: 05/25/11 01:10 PM ET