BRIAN ROSS REPORTS
ALERT: A New Message From Osama Bin Laden Is on the Way
Legal Powerhouse Olson Will Take W.Va. Court Case to SCOTUS
Panel OKs "Boot Camp" Bill
Oil Giants to Appear Before Congress
Bush Signs CNMI Immigration Bill into Law
Embattled Official Defends Pricey Hand Towels
Shock and Awe on M Street
WEWS Cleveland: Natural Gas Boom Has Hidden Danger
Lobbyists Making Even More Money Than Ever
Thanks to You, the Blotter Marks Second Year With More Success
White House Ousts Top Official Accused of Political Favoritism
Second Trial for Boeing Whistleblower
Undercover Investigation: One-Stop Shopping for Steroids
Report: U.S. Anti-Corruption Efforts Looking Good (in Iraq)
CIA Tape Probes, Still Chugging Along
Ex-KBR Workers to Testify on Contract Fraud
McCain Aided Arizona Businessman
Duke Briber Hasn't Made Bail, Judge Says
Rezko out on Bail
TOP BLOTTER CATEGORIES
- Abramoff Lobbying Scandal
- American Al Qaeda
- Avian Flu
- Beirut Hospital Out of Gas
- CIA
- CIA Secret Prisons
- D.C. Madam Affair
- FBI
- Federal Air Marshal Service
- Homeland Security
- Hurricane Katrina
- Mark Foley Internet Scandal
- Millionaire Sex Scandal
- Nigerian E-mail Scams
- Norman Hsu, Clinton Fundraiser
- NSA: Wiretapping
- Osama bin Laden
- Payola
- Pharmacy Investigation
- Speaker of the House Dennis Hastert
- Terror
- U.K. Airline Terror Plot
- U.K. Bombing Attempts
- Wen Ho Lee
- William Jefferson
- Zarqawi
U.S.: Hillary Fundraiser Used Position to Scam $20 Million
December 04, 2007 1:56 PM
One of Sen. Hillary Clinton's major fundraisers, Norman Hsu, used his position in the campaign to help carry out a $20 million Ponzi-like fraud scheme, federal prosecutors said today.
"Hsu allegedly made direct and implied threats to these victims, leading them to believe that their failure to make the required political contributions would adversely impact their ongoing relationship" with Hsu's investment company, U.S. attorney Michael J. Garcia said.
Hsu was indicted by a federal grand jury for carrying out "a massive scheme that defrauded investors across the United States." He was also charged with violating Federal Election Campaign laws. Prosecutors say Hsu used others, essentially as fronts, to make contributions for him, and he then reimbursed them.
Sen. Clinton, D-N.Y., distanced herself earlier this year from Hsu when it was revealed he was a fugitive from justice from a fraud conviction in California. Since 2004, Hsu personally contributed at least $600,000 to Democrats under his own name.
He is currently in custody in California.
Read the indictment against Hsu.
December 4, 2007 | Permalink | User Comments (33)
I wonder if HSU ever got a night in the Lincoln bedroom? Good thing the Police got him before the Clintons did. The guy looks like a chinese spy!I think that brings us up to date!
Posted by: GM | Dec 4, 2007 2:16:15 PM
This is all Hsu's doing. Hillary and Obama recieved donations from Hsu. They knew nothing of his fundraising antics. When Hillary found out what Hsu did...she gave Hsu's $23,000 donation to a charity...Iraq War Veterans. She was noble for doing that. It's Rudy Giuliani's affair on tax payers money that everyone should be angry at.
Posted by: mcmargie | Dec 4, 2007 2:20:07 PM
let me guess.........Bushes fault, right neolibs?
Posted by: whatthe? | Dec 4, 2007 2:29:46 PM
This not the first time that an illegal
fundraising Asian connection has been involved in a Clinton campaign. In Bill
Clinton's campagin, three (3) Asian men
were indicted for the same thing! Shouldn't the Clintons learned this lesson the first time? One has to wonder if they in fact knew what was going on and depended on a "it couldn't
possibly happen a second time" train of
thought, to risk be part of this kind of illegal fundraising, as a willing recipient! For my part, where there is
smoke, there is fire. If Hillary cannot assure that her campaign is free of all illegalities, how can we expect her White House cabinet be any different than George Bush's...wrapped in illegalities!
Posted by: S. Griffin | Dec 4, 2007 2:51:28 PM
Hillary has had no part of this guy for some time.
This is NOT a mark on Hillary Clinton.
The Republicans have done far worse than even this scam artist, Norman Hsu.
Just look at Rudy, Larry "Toilet Stall" Craig, and many other awful Republicans.
Almost every Republican is bad.
Ronald Reagan must be turning over in his grave because of what his party has become.
George
Posted by: George Vreeland Hill | Dec 4, 2007 3:03:42 PM
Impeach Bush NOW!
Posted by: Silly Me | Dec 4, 2007 3:07:40 PM
Hillary should get Hsu pardoned by her husband.Is it too late ? This is true picture of Clintons & Democrats.MA-Chicago
Posted by: MAlam | Dec 4, 2007 3:11:45 PM
I love it Hillary fund raiser? You mean he never raised money for anyone other than Hillary Clinton????? Kudos ABC for the Xo-up Article heading!
Posted by: BronxBoy7117 | Dec 4, 2007 3:16:47 PM
This guy's a rank amateur next to Bush Jr's biggest money supporter...the one he denied knowing, but called "Kenny-Boy" and let write US energy policy in those secret meetings down in Cheney's bunker. Stealing billions while destroying tens of thousands of people's lives...Enron and "Kenny-Boy" Lay are still the all-time world champion slime.
Posted by: wilder5121 | Dec 4, 2007 3:25:14 PM
Sounds just like a Clinton
Posted by: Bill Hicks | Dec 4, 2007 3:33:23 PM
WELLLL any takers here? be carefull what you type. You will most likley be dropped or edited out because its about her friends.
Posted by: Jim Rod | Dec 4, 2007 3:44:32 PM
I recall that in '98 Hill and Bill were taking money from Torrance businessman Johnny chung,who had ties to the People's Liberation Army,but nothing came of it.If your name is Clinton or Bush,you can do whatever you please.Nobody will hold you to account.Brian Ross would be a good candidate to look into all the ghosts and skeletons that these two corrupt dynasties have on the political machinery in Washington and elsewhere.
Posted by: Luis Rodriguez | Dec 4, 2007 3:44:49 PM
No surprise about Mr. Hsu...Has anyone ever noticed Hillery and Bill always seem
to have some connection to the Chinese??
Hillery is BUSH in disguise.
Posted by: Bob | Dec 4, 2007 3:50:16 PM
The DemoLibs are immune from scandal and are protected by their "friends in the media". Hillary is waist deep in fundraising scandal but she is well protected by the lib media.
Posted by: Bill | Dec 4, 2007 4:13:33 PM
And the -S-L-I-C-K- -W-I-L-L-A-R-Y- plot thickens...... heheheheh....
Posted by: FidoNY | Dec 4, 2007 7:14:55 PM
This guy was big time Hillary donor and fundraising organizer. I would have been surprised if the Clinton campaign was not aware of his shady dealings. The wheels are really coming off the Hillary express!
Posted by: bob | Dec 4, 2007 8:43:01 PM
Get a clue people. No matter which side of the political coin they are on. They ALL are as cooked as can be. It really doesn't take a rocket scientist see this.
Posted by: Brenda | Dec 4, 2007 11:21:51 PM
Does anyone out there really think that in today's America there are any up front and honest U.S. government candidates that really want to look out for the American citizen? Give me a break.... they all have hidden, dark and dishonest agendas. This type of scandal is typical of U.S. politicians but some just hide it better than others, which brings me to question the intelligence of the Clinton's.
Posted by: BWH | Dec 5, 2007 7:43:17 AM
This IS a mark on Clinton. The only reason she so-called gave the money back or donated it, was because she noticed that was the first straw in a line that's going to break the camel's back. The second reason she "gave" the money back was to steer attention away from her and all her and Bill's other "Crooked" deals. She's involved with this guy Hsu up to her fat neck! She's going down hard and I hope she falls on her head. Her and her lousy husband don't even deserve to be called american anymore!
Posted by: joe nunya | Dec 5, 2007 7:44:05 AM
Ok, let's face it, this is just another scandal that the Clinton's will respond to as an unfortunate event. Poor Hillary, poor Monica, poor Bill and his brother. I like the fact that the Dems supporting global warming have said nothing about the worry at the airport hosting the UN Meeting are worried about all of the private jets! So much for controlling our carbon footprint. Sorry, need to go alone in my OWN jet! Wouldn't we all be so fortunate!!
Posted by: e | Dec 5, 2007 6:14:38 PM
THE ONLY REASON THEY RUN FOR OFFICE IS TO FATTING THEIR OWN POCKET & TO GET A FAT RETIEDMENT CK OFF THE THE TAXPAYERS.
Posted by: LEE | Dec 5, 2007 7:53:45 PM
While she may not have been part of this guys scam, I have to say I for one lost a Great deal of faith in Mrs. Clinton after being Spammed with emails asking me for money to support her campaign. This started because I sent her a email which she likely never saw and unsure why i even bothered or thought she would listen or care what someone like myself who is but one vote would think or feel or wonder about regarding her beliefs etc.
I got over 60 emails in a 3 week period asking me for money both by "her" and "Bill".
They offered the chance to "win" lunch with her and with him if I donated to her campaign.
That there showed me alot about her and I for one hope to find another candidate I can feel good about supporting.
I know no one is perfect but darn can we not expect a little better from those hoping to run this country?
I am no one special in the world. I have no money. I am a disabled, single, Mom who does her best to make it in this Country. I do not follow all the political news etc. I just try to know what each person running stands for and believes in and try to go from there. I really thought that Hillary was the one that showed the most promise. Until I was bombarded with raffle options and just plain Begging of money.
Posted by: Marie | Dec 6, 2007 3:30:22 PM
No wonder, this country is going to hell in a handbasket. You Morons defend these corrupt politician no matter what they do. Instead of holding them accountable, you blame someone else or point out how much worse the other guy is. You people are a bunch pathetic lemmings.
Posted by: Carl_1970 | Dec 7, 2007 2:32:38 PM
Bush is the biggest drug lord out there..He has or children getting killed for Heroin(opium)and oil.. Lets get the FACTS STRAIGHT.Don`t get me wrong though the reason the world trade center was destroyed the way it was had to do with the only way they could fight back against the crimes our Government had and still has been committing. He is not God and we had know reason to envade a third world country. They couldn`t overtake china and vietnam (also all about the Opium).
People are eigther plan stupid or blind.
Bsuh needs to stand up and five back all that he has stolen. As he packs his pockets with blood money. How he can smile is even more a clue to his way of thinking.. When is it enough?? This ongoing drug war had neem planned years ago. With the leaders already picked out to keep the a code of silence.
I`m fully aware and have seen a great deal and have listened to many accounts of others opinions. Think about what bothers you ... Then stand up and be yourselves. Then you may start to see what it means to think as one...Daniel
Posted by: Dan Toney | Dec 11, 2007 3:02:35 PM
Well if Hsu gets time in jail, if Hillary get's into the White House she will sell him a pardon. So she said she returned $23,000.00 but she didn't tell you how much she kelp, but you will never know will you people.
Posted by: CURTIS | Dec 11, 2007 6:42:04 PM
Well, if ANYONE thinks that one side is cleaner than the other isn't old enough to be in school yet. The rest of you can blame whoever you want, but politics in this country is a dirty game, and campaign finance laws made it possible.
" Buckley v. Valeo, 424 U.S. 1 (1976), was a case in which the Supreme Court of the United States upheld federal limits on campaign contributions and ruled that spending money to influence elections is a form of constitutionally protected free speech. The court also stated candidates can give unlimited amounts of money to their own campaigns."(Wikipedia)
If that isn't the recipe for scurvy fundraising, I don't know what is.
Posted by: Tony | Jan 31, 2008 11:52:04 AM
Wake up guys, they all have skeletons. If you dig a little deeper, I bet we can all find something on each and every candidate. Why does it seem, the Clinton's who did so much for this country, are always the constant attack for the media and the right wing.
Posted by: Ross | Feb 1, 2008 1:18:02 AM
has everyone forgotten that the clintons make bush like a paragon of virtue?
Posted by: greggg | Feb 1, 2008 6:43:07 PM
Hillary's problems:
HSU : She gave back $600,000. Hmm... who did she give the money back to? IF the money was illegal, who did it go back to? HSU? That is good, because he will be able to use it to defend himself. How does he report this to the IRS? Wait!!! He is a convicted felon. Doesn't need to.
EXPERIENCE: She has "35 years of experience". What Experience? Oh, she was the wife of the President and the Governor. Sorry you Lieutenant Governors and Al Gore, you were just a show-piece to fool the American electorate (Sorry Al). It was Hillary who contributed to all the policy. Al only went for State Funerals. That is why he didn't win the presidency, not because he won the popular vote. That was only a myth.
VICE PRESIDENCY: She is behind by more than 100 pledged delegates, behind by more than 100 total delegates and behind by about 2.3 million votes (without counting today's Mississippi Obama blow-out). But she has it "nailed down" via back room deals with the Super Delegates. So she is going to offer the "Vice President" position to Obama. Must be that Obama will be like Al Gore. It will be Chelsea who will suddenly have "12 plus" years of experience in the Government, wouldn't she? After all, she was "there" with her mother too. Sorry Barack, you were again a fleeting thorn on her side. It was Chelsea who was at her mother's side every step of the way making decisions while Hillary was in the Senate. Well, these stories should come home to roost soon (I can only hope with the Clintons).
If she were to steal this election like she plans to via back room deals, I hope there is a revolution and our country says "NO MORE" in unison. If it does happen, I think our country will be destined to go only downhill from then on.
Posted by: Larry Arreguin | Mar 11, 2008 7:27:27 PM
Hey! If the Hsu fits.
Posted by: Mr. Mike | Mar 19, 2008 11:17:52 PM
FOR SALE: One Term as President of the United States of America. Accepting offers over $400 Million. Send debit memo to citizens of USA. -- The MOST important thing about the $23,000 is that "every little bit" counts when one is buying the Presidency. If you or I or anybody else was willing to fund our own campaign with a couple of billion dollars in cash, guess who our next president would be? It is way past time for REAL election reform and TERM LIMITS on Public Office. It seems that "experience" and "lack of experience" in government office have BOTH turned into bad things. We could ALL have a lot more of what we want if our government (local, state, and federal) didn't take so much from us and give so little in return. God bless us all!
Posted by: DWS | Mar 20, 2008 2:54:27 AM
Obama needs to let his campaign workers that dirty statements like 'blue dress is out of place in this campaign. This will hurt the Democratic party. It may result in loss of support.
Posted by: Isaac | Mar 25, 2008 8:16:20 PM
Hillary's claim that she gained Presidential experience by being First Lady is like Don Mattingly's wife saying she could play First Base for the NY Yankees in the next World Series because she went to all the games and practices!!
Posted by: Kevin | Mar 27, 2008 10:55:11 PM
Post a comment
