In the words of the lovely Hillary Rodham Clinton, ..."We have a culture of corruption, we have cronyism, we have incompetence,"...
Well now, have a look at this:
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Democratic Fundraiser Norman Hsu to Face Federal Campaign Finance, Fraud Charges
Thursday , September 20, 2007
NEW YORK —
Federal prosecutors plan to unseal a criminal complaint Thursday charging Democratic fundraiser Norman Hsu with campaign finance violations and the creation of a $60 million Ponzi scheme, according to a law enforcement official.
The charges were to be announced at a 1 p.m. news conference in New York, said the official, who was familiar with the investigation and spoke to The Associated Press on condition of anonymity.
Details of the charges were not immediately available.
Hsu is already in custody in Colorado awaiting extradition to California, where he is wanted on an unrelated charge. He was captured in Colorado earlier this month after skipping a scheduled court appearance.
Hsu raised hundreds of thousands of dollars for Democratic presidential front-runner Hillary Rodham Clinton and other Democrats until the recent disclosure of a 1991 fraud case. Since then, politicians have been returning his cash. Clinton said she would give back $850,000.
Hsu's lawyer in San Francisco, Jim Brosnahan, did not immediately return phone messages Thursday.