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Hsu Found Guilty Of Illegal Donations

From a deeply saddened Reuters:

Democrat fundraiser guilty of illegal donations

By Christine Kearney

Tue May 19, 2009

NEW YORK (Reuters) – A former U.S. Democratic Party fundraiser whose 2007 arrest prompted Hillary Clinton to return $850,000 in campaign contributions was found guilty on Tuesday of breaking federal campaign laws.

Businessman Norman Hsu, 58, was convicted 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 also pleaded guilty on May 7 to charges of mail fraud and wire fraud in running a Ponzi scheme of up to $60 million.

Jurors convicted Hsu of violating four counts of federal election law between 2004 and 2007. During the trial, prosecutors said Hsu pressured some of the investors involved in his Ponzi scheme to make thousands of dollars in contributions to political candidates on his behalf…

A voicemail recording was played to the jury in which Clinton, then a U.S. senator from New York and now the U.S. secretary of state, praised Hsu for his support…

This story is not getting much attention. Nor did Mr. Hsu’s guilty plea a few days ago.

Why is that?

(Thanks to BillK for the heads up.)

This article was posted by Steve on Wednesday, May 20th, 2009. Comments are currently closed.

8 Responses to “Hsu Found Guilty Of Illegal Donations”

  1. BillK says:

    This has been kept pretty quiet.

    Amazingly reported by our friends at Reuters:

    Democrat fundraiser guilty of illegal donations

    By Christine Kearney

    NEW YORK (Reuters) – A former U.S. Democratic Party fundraiser whose 2007 arrest prompted Hillary Clinton to return $850,000 in campaign contributions was found guilty on Tuesday of breaking federal campaign laws.

    Businessman Norman Hsu, 58, was convicted 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 also pleaded guilty on May 7 to charges of mail fraud and wire fraud in running a Ponzi scheme of up to $60 million.

    Jurors convicted Hsu of violating four counts of federal election law between 2004 and 2007. During the trial, prosecutors said Hsu pressured some of the investors involved in his Ponzi scheme to make thousands of dollars in contributions to political candidates on his behalf.

    Under U.S. law, an individual can give only up to $25,000 to federal candidates in a calendar year.

    Sentencing was set for August 19. The Hong Kong-born Hsu faces more than 30 years in prison for running the Ponzi scheme and an additional maximum of five years for each of the illegal campaign contribution charges.

    A voicemail recording was played to the jury in which Clinton, then a U.S. senator from New York and now the U.S. secretary of state, praised Hsu for his support. Hsu’s arrest in September 2007 prompted Clinton’s presidential campaign to return contributions linked to Hsu. …

    http://www.reuters.com/article/domesticNews/idUSTRE54I56Y20090519

    One can imagine the calls for the recipient to resign from Congress even though they had returned the contributions were Hsu donating to a Republican…

  2. MinnesotaRush says:

    “Democrat fundraiser guilty of illegal donations”

    Nahhhhh .. I can’t believe it!

    So when do we get the real poop on o-blah-blah’s fundraising “oddities”?

  3. proreason says:

    He meant well, as did the thousands of people and organizations who contributed illegally to The Moron.

  4. Liberals Demise says:

    I knew that the Hsu (shoe) fit!!

    I heard the wails of anguish as Mrs. Clinton was hit with a Hippo Tranquilizer as she refused to relinquish the $850Gs’ from her greedy clutches.
    ( the only way to separate a fool ……… from “his” money )

  5. pdsand says:

    There’s no “there” there. The man is guilty and will be punished for his crimes. Why linger on the subject?
    This is now a private matter as far as the MSM is concerned.

  6. I’ve cited your post in the Bibliography for Special: Clinton’s in Arkansas vs Clinton’s today – Achilles heal of White House Corruption. on the Jeremiah Films site.

  7. canary says:

    Wayne, that link is so chilling. I saw the old 2nd version of Clinton Chronicles and scariest thing I’ve watched in late 90’s. Is the new version updated. I provided a link below to a recent murder in 2006. The number of ongoing deaths.names of so many feds and security guards of Clintons, boys tied to railroad track that found that little airport. And now it appears another 2006 murder might be linked. Just incase you don’t have it.
    Wonder if Clinton has a bank in Hiatie. Aside Clinton’s trips, Hillary has made “4” trips there. Timothy McVeigh terrorist funded by Saddam Hussien, claimed throughout he was a patsy for federal govt., at the time under Clinton in 94. That their first site was to get the Arkansas Fed building, but couldn’t make the impact they wanted, so switched to OK. He pleaded guilty on terms his death wouldn’t be taped. The older Clinton Chronicles I watched said to of Clinton’s security died during Waco. Course that Sheriff to testify found dead at his desk. The ruins started during Clinton.

    http://fromwhisperstor.6.forumer.com/a/arkansas-unsolved-murderluther-gerald-jerry-parks-jr_post26375.html


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