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‘Hill-Raiser’ Hsu Pleads Not Guilty, Poverty

From the DNC’s Associated Press:

NY: Dem fundraiser Norman Hsu pleads poverty — and not guilty

Thu, Feb. 28, 2008

NEW YORK — Top Democratic fundraiser Norman Hsu will rely on a court-appointed lawyer to defend him against charges that he cheated investors out of millions of dollars and made illegal donations to politicians, including presidential candidate Hillary Rodham Clinton.

U.S. Magistrate Judge Theodore H. Katz appointed Hugh M. Mundy on Thursday to represent Hsu as the 56-year-old clothing-industry entrepreneur made his first appearance in the Manhattan court.

Hsu pleaded not guilty to charges that he violated federal campaign finance laws.

After the brief court appearance, Mundy told The Associated Press that his client had no choice but to rely on a court-appointed lawyer.

He’s essentially a man with no income or assets. He has no money he can tap,” said Mundy. “His money and assets are alleged to be involved in the charges. He has no access to the money presently.”

Mundy said it was his first day on the case and he did not know how much money was in his client’s bank accounts…

Maybe Mr. Hsu really is broke.

The $35 million Hillary “raised” last month had to come from somewhere.

But what a lesson this is about the Democrat Party’s loyalty to those who have done so much to help them.

This article was posted by Steve on Friday, February 29th, 2008. Comments are currently closed.

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