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Shocker: DNC’s Norman Hsu Skips Out On Bail

From an understanding Associated Press:

Democratic donor Norman Hsu fails to appear for bail hearing

Wednesday, September 5, 2007

(09-05) Redwood City, Calif. (AP) — A top Democratic fundraiser whose criminal past has roiled the campaigns of top presidential candidates failed to appear Wednesday for a bail hearing and a judge issued a new warrant for his arrest.

Norman Hsu, who had been a fugitive for more than 15 years, forfeits the $2 million bail he posted last week. His attorney said Wednesday he didn’t know where his client was.

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. He was facing up to three years in prison when he skipped town before his 1992 sentencing date, Deputy Attorney General Ronald Smetana said last week.

During a hearing last Friday, Judge H. James Ellis ordered Hsu handcuffed and jailed until he could post $2 million bail, which he did after spending about five hours behind bars. The judge declined Hsu’s request to immediately reduce the bail by half, instead scheduling Wednesday’s hearing to consider the request

This is getting good.

Let’s see our watchdog media try to ignore the story now.

This article was posted by Steve on Wednesday, September 5th, 2007. Comments are currently closed.

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