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Hillary was warned about Hsu back in June
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hillarynews
Joined: 24 Jan 2007
Posts: 2255
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 Posted: Wed Sep 12, 2007 6:26 am Post subject: Hillary was warned about Hsu back in June |
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 Hillary was warned about Hsu back in June
The FBI has begun examining a murky business venture run by disgraced Democratic fundraiser Norman Hsu that paid out hefty profits over the last several years to investors, some of whom were pressed to make contributions to Hillary Rodham Clinton and other political candidates.
Category: Top Story
Sources told The Times on Sunday that a number of participants and their associates in Southern California and elsewhere had been in contact with the FBI about an investment pool operated by Hsu.
One associate, Irvine businessman Jack Cassidy, said he had tried to warn authorities and the Clinton campaign as early as June that he feared Hsu was running an illicit enterprise, but had gotten no response.
"Nobody picked up the ball," said Cassidy, who was not an investor but heard about Hsu's business from a friend.
Clinton campaign spokesman Howard Wolfson declined to respond to Cassidy's claim, saying only that the campaign had conducted a background check of Hsu, who has emerged in the last three years as one of the Democratic Party's biggest fundraisers.
Hsu, 56, has contributed or raised more than $1.2 million for Clinton and other Democrats, but has become a source of embarrassment since The Times revealed in late August that he was a fugitive wanted on a 15-year-old bench warrant stemming from an early 1990s investment fraud case. He called the matter a misunderstanding, then failed to show at a San Mateo County hearing and was rearrested last week in Colorado after falling ill there on an eastbound train.
Read more...
Source: The Hillary Project
Description: reporting the news about Hillary that the media refuses to |
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