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Norman Hsu: September 2009

Democratic Fundraiser Hsu Gets 24 Years In Fraud And Campaign Finance Cases

Justin Elliott | September 29, 2009, 4:49PM

Norman Hsu

Norman Hsu, the Democratic fundraiser whose criminal past became a scandal for Hillary Clinton during the primary in 2007, was sentenced to over 24 years in prison today for committing fraud and violating campaign finance laws, the AP reports.

Prosecutors said that Hsu used "straw donors" who he reimbursed to get around campaign finance limits. The Clinton campaign gave back over $800,000 in donations from sources linked to Hsu.

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Topics: Hillary Clinton, Norman Hsu

Hassan Nemazee

Flashback: Alleged Fraudster Was Wheeled Out To Defend Hillary Camp After Discovery Of Different Fraudster

Justin Elliott | September 22, 2009, 12:36PM

Hassan Nemazee and Norman Hsu

Remember the strange case of Norman Hsu that roiled the Hillary Clinton campaign during the Democratic primary back in 2007?

Hsu was a top bundler for the campaign who was found to have hidden his past as a crook and Hillary was forced to return over $800,000 in donations. He later plead guilty to a Ponzi scheme and was convicted on campaign finance charges.

Hsu, who currently resides in federal prison, reimbursed so-called "straw donors" drawn from his fraudulent business to get around contribution limits.

At the time of the crisis, Hassan Nemazee, indicted yesterday in his own alleged Ponzi scheme -- considerably larger than Hsu's $20 million operation -- was a national finance chair for the Hillary campaign.

And guess who the campaign dispatched to talk to reporters to tamp down the Hsu story? One Hassan Nemazee.