Friday, January 4, 2008
Democrat Donor Hsu Jailed For Fraud
Democratic fund raiser Norman Hsu seen here with Senator Clinton during happier times---today Hsu was ordered to prison for running a ponzi-scheme.
Norman Hsu, donated million of dollars to Democrats, Senator Clinton received $850,000 from Hsu & Associates $22,600 from Hsu personally; Senator Obama who campaigns "Obama for Change" and selling shirts on behalf of his campaign such as the one seen here worn by Halle Berry---Barack Obama accepted $72,100 from Hsu & Associates $12,000 from Hsu personally.
Norman Hsu, convicted in 1992 for operating a scheme where he operated two companies through which he recruited victims by guaranteeing high rates of return on short-term investments "if its too good to be true it probably is" initially paying off investors with money that he received from newer investors and donating millions to Democrats running around the country promising "Change in Washington" if elected President.
Before Hsu reported to prison---the Democratic Shyster failed to surrender to custody, fleeing the USA for China, Hong Kong later returning to the USA in the late 1990's---in August Hsu resurfaced when he was again being investigated over fund raising activities for the Democratic Party---the one for Change and "...the most honest, ethical and open Congress in History" according to House Speaker, Nancy Pelosi, D-CA Nov. 14, 2006---Christian Science Monitor.com
Hsu & Associates donated more than $377,000 to Democratic causes, Hsu donated more than $203,000 personally---other notable Democrats that Hsu personally donated money to include:
Ted Kennedy, D-MA $9,000.
Patrick Kennedy, D-RI $6,200.
Presidential Candidate Bill Richardson $23,000.
Dianne Feinstein, D-CA $1,000.00
Senate Majority Leader Harry Reid, D-NV $4,000.
Gov. Ted Strickland, D-OH $10,000
Mayor Gavin Newsom, D-San Francisco, $750.
John Kerry, D-MA $4,000.
Barbara Boxer, D-CA $4,000.
Ohio Secretary of State Jennifer Brunner, $3,000.
Sherrod Brown, D-OH $2,000.
In September, 2007 Hsu was charged by federal prosecutors in New York for fraud and violating federal campaign finance laws.