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Dem Fundraiser Charged in Citibank Scam

Obama, Clinton donor allegedly tried to bilk bank out of $74M

By Jason Farago,  Newser Staff

Posted Aug 26, 2009 6:12 AM CDT

(Newser) – A major fundraiser for Democratic candidates, including Barack Obama and Hillary Clinton, was charged yesterday with using bogus documents to obtain a $74 million loan from Citigroup, Reuters reports. Hassan Nemazee, who did not enter a plea, faces up to 30 years in prison if...   Read full story »

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