Clinton Fundraiser Hsu IndictedFrom Bloomberg:
Former Democratic fundraiser Norman Hsu, charged in September with cheating investors in a $60 million “Ponzi” scheme, was formally indicted by a federal grand jury on similar allegations, U.S. prosecutors said….Hsu, 56, faces as much as 20 years in prison on the most serious counts. He is being held on separate charges stemming from a 1991 prosecution in which he entered a no-contest plea to charges he stole $1 million from 20 investors in a scheme to buy and resell nonexistent latex gloves.
ABC has a copy of the indictment, which is very similar to the charges filed in September. Once again, prosecutors charge that Hsu made “direct and implied threats” to those who invested with him in order to coerce them into contributing to his favored candidates, particularly Hillary Clinton.