Hillary, Obama donor arrested for big-time fraud
[Link: hotair.com...]
For the second time, a major fundraiser for Hillary finds himself under arrest for fraud. Hassan Nemazee also raised money for Obama’s presidential run ($500,000) and at one time chaired the finance committee for the Democratic Senatorial Campaign Committee when Chuck Schumer ran it.
By comparison, Norman Hsu was a piker. Hsu went to prison in May for defrauding investors out of $20 million while he used their money to rub elbows with Hillary Clinton and a host of Democrats in high places. The scandal embarrassed but did not slow Hillary in the primaries, although it provided plenty of evidence that the Clintons didn’t do much checking when it came to their big-ticket donors.
Nemazee didn’t get away with the money, however, unlike Hsu, who ran through most of it. The feds caught him before he left the country, which means they have been watching him for a while. That could lead to some other interesting lines of inquiry, although this kind of fraud usually doesn’t involve a network
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Frank says: