Missing: Fugitive Fundraiser Hsu Skips Court Appearance
AP:
Democratic fundraiser Norman Hsu failed to appear Wednesday for a bail hearing and a judge issued a new warrant for his arrest.
Hsu forfeits the $2 million bail he posted last week.
Hsu's lawyer said he doesn't know where his client is.
Hsu had been a fugitive in California for 15 years during which time he became a top donor to Democratic candidates, including presidential contenders Hillary Rodham Clinton and Barack Obama.
Hsu pleaded no contest in 1991 to a felony count of grand theft, admitting he'd defrauded investors of $1 million in a bogus investment scam. Prosecutors say he was facing up to three years in prison when he skipped town before being sentenced.



First Posted: 03/28/08 03:45 AM ET Updated: 05/25/11 01:15 PM ET