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October 10, 2008 6:56:07 PM CDT

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Stories related to: Norman Hsu

Stories

17 Stories

  • January 2008

    • Dem Donor Gets 3 Years for Grand Theft

      San Francisco Chronicle  |  Jan 4, 08 9:14 PM CST

      Dem Donor Gets 3 Years for Grand Theft

      (Newser) - More than 15 years after pleading no-contest to grand theft charges, Democratic fundraiser Norman Hsu was sentenced in California to 3 years in prison today, the San Francisco Chronicle reports. A judge dismissed Hsu's argument that he was denied the right to speedy justice because authorities made little effort to find him during his fugitive years. Hsu's lawyer plans to appeal the ruling. More »

      Tags

      Hillary Clinton  • campaign fundraising  • fraud  • investors  • Norman Hsu  • sentenced

  • November 2007

    • Trail of Hsu's Ambition Leads to Prison

      Wall Street Journal  |  Nov 12, 07 1:35 PM CST

      Trail of Hsu's Ambition Leads to Prison

      (Newser) - After several failed business schemes in the 1980s and 1990s, Norman Hsu went home to Hong Kong to recoup and plan an ego-boosting second try at the American fast lane. The Journal fills in the gaps in Hsu’s story, revealing the busted bundler as a capable manipulator obsessed with respect—and in thrall to Hillary Clinton. More »

      Tags

      Hillary Clinton  • campaign fundraising  • investors  • Norman Hsu  • bundlers

  • October 2007

    • 41% Can't Name a GOP Hopeful

      Salon  |  Oct 24, 07 6:14 PM CDT

      41% Can't Name a GOP Hopeful

      (Newser) - At least the GOP presidential candidates can rest assured some voters haven’t heard about abortion rights flip-flops or serial divorces: A new Pew poll found only 59% of Americans can even name a Republican hopeful. But unfortunately for Norman Hsu and expensive haircuts, fully 81% of Americans could remember a Democratic name, Salon reports. More »

      Tags

      John McCain  • Hillary Clinton  • Mitt Romney  • Rudy Giuliani  • John Edwards  • Fred Thompson  • divorce  • Norman Hsu

    • Bundling Hits Its Stride

      Wall Street Journal  |  Oct 18, 07 12:38 PM CDT

      Bundling Hits Its Stride

      (Newser) - Bundlers have become the stars of 2008 campaign fundraising, the accounting for one-quarter of all money raised in the presidential race—up from 8% in 2000. Donors sought new inroads when soft money was restricted, and the gathering of donations has become “the chief source of abuse,” says Wall Street Journal 's look at bundling’s rise and its inherent risk of fraud. More »

      Tags

      Rudy Giuliani  • campaign finance  • Carl Icahn  • Steven Spielberg  • abuse  • Norman Hsu  • bundlers

    • Disgraced Fundraiser 'a True Bon Vivant'

      Los Angeles Times  |  Oct 11, 07 3:29 PM CDT

      Disgraced Fundraiser 'a True Bon Vivant'

      (Newser) - Erstwhile fugitive fundraiser Norman Hsu had a taste for the finer things, including a 180-bottle wine collection valued at $100,000 and a saxophone seemingly signed by President Bill Clinton. Those items were in the outlaw bundler’s New York apartment, according to newly unsealed documents. One expert tells the Los Angeles Times of the sizable cellar, “It’s a little showy, but nice.” More »

      Tags

      California  • Bill Clinton  • campaign fundraising  • Norman Hsu  • saxophone

  • September 2007

    • Hsu Hit With Another Fraud Suit

      Los Angeles Times  |  Sep 22, 07 11:03 AM CDT

      Hsu Hit With Another Fraud Suit

      (Newser) - In the latest legal woes to befall disgraced fundraiser Norman Hsu, a California investment company filed a lawsuit yesterday claiming he defrauded investors out of $23 million and demanded political contributions as a prerequisite for doing business. The allegations come a day after the feds filed criminal complaints against Hsu, the Los Angeles Times reports, for a $60 million Ponzi scheme and violation of campaign finance laws. More »

      Tags

      Hillary Clinton  • fundraiser  • Norman Hsu  • Ponzi scheme

    • Hsu Swindled Investors of $60M: Feds

      Washington Post  |  Sep 21, 07 3:19 AM CDT

      Hsu Swindled Investors of $60M: Feds

      (Newser) - Businessman Norman Hsu swindled $60 million from investors across the country and made illegal campaign contributions to Hillary Clinton and others, federal prosecutors say. In a criminal complaint unsealed in Manhattan yesterday, the feds say Hsu broke US election law by reimbursing some of the political donors who participated in his Ponzi scheme, the Washington Post reports. More »

      Tags

      campaign fundraising  • fundraiser  • Norman Hsu  • political donors  • Federal Election Law

    • ‘Bundlers’ Rake In Cash, Harbor Ethics Gaps

      Washington Post  |  Sep 20, 07 2:33 PM CDT

      ‘Bundlers’ Rake In Cash, Harbor Ethics Gaps

      (Newser) - "Bundlers"—political fundraisers who solicit other donors to give—are a standard feature of the presidential race, and many remain favored by major campaigns despite unethical and even illegal conduct. The Post spotlights questionable rainmakers in the Norman Hsu scandal aftermath, including one Hillary donor who gave $160,000 and a country-club membership to a Bill appointee’s son. More »

      Tags

      Hillary Clinton  • Election 2008  • Mitt Romney  • John Edwards  • corruption  • fraud  • ethics  • campaign contributions  • money laundering  • Norman Hsu  • bundlers

    • Feds to Charge Hsu on Pyramid Scheme, Dem Fundraising

      Wall Street Journal  |  Sep 20, 07 11:15 AM CDT

      Feds to Charge Hsu on Pyramid Scheme, Dem Fundraising

      (Newser) - Rogue Democratic fundraiser Norman Hsu’s troubles are deepening today, as federal officials are expected to charge the twice-on-the-lam financier with running a $60 million pyramid scheme and breaking campaign-finance laws. Hsu faces accusations that he falsely told investors their money was going into a clothing operation; some of was allegedly routed to political candidates, the Wall Street Journal reports. More »

      Tags

      campaign fundraising  • campaign finance  • private equity  • Norman Hsu  • escape  • pyramid scheme

    • Hsu Sent Suicide Note Before Skipping Town

      Wall Street Journal  |  Sep 13, 07 9:56 AM CDT

      Hsu Sent Suicide Note Before Skipping Town

      (Newser) - Fugitive fundraiser Norman Hsu sent out a suicide note to acquaintances and charities he had supported before he hopped a train to Colorado last week, skipping out on a Bay Area court appearance. On the train, Hsu locked himself in a tiny cabin. When he  failed to come out the next day, Amtrak workers used a crowbar to pry open the door, the Wall Street Journal reports. They found a bare-chested, disoriented Hsu on the floor, surrounded by prescription pills. More »

      Tags

      scandals  • suicide  • jail  • Norman Hsu  • suicide note

    • Hillary to Repay $850K From Hsu

      Associated Press  |  Sep 11, 07 6:10 AM CDT

      Hillary to Repay $850K From Hsu

      (Newser) - Hillary Clinton's campaign will return $850,000 raised by Democratic fundraiser Norman Hsu, a fugitive from a 1991 fraud conviction who turned himself in and then skipped out on a Bay Area court hearing last week. Clinton had planned to give $23,000 from Hsu to charity, but has since decided to return all funds raised by Hsu from 260 donors. More »

      Tags

      Hillary Clinton  • Election 2008  • FBI  • Eliot Spitzer  • donation  • Norman Hsu  • campaign funds  • donor

    • Hsu's Life Spent on the Run

      Wall Street Journal  |  Sep 8, 07 10:52 AM CDT

      Hsu's Life Spent on the Run

      (Newser) - Fallen and fugitive, Norman Hsu was disowned last week by the very Democrats who thrived on his mysterious largess when details of a 1992 grand theft charge emerged. But the Journal reports that charge wasn't unique to a man whose past is filled with bankruptcies, sketchy investments, a string of bogus addresses, and even a good old-fashioned kidnapping. More »

      Tags

      Hillary Clinton  • Democrats  • campaign contributions  • fundraiser  • Norman Hsu  • fugitive

    • Feds Arrest Fugitive Fundraiser in Colorado

      Associated Press  |  Sep 7, 07 8:23 AM CDT

      Feds Arrest Fugitive Fundraiser in Colorado

      (Newser) - Renegade Democratic donor Norman Hsu was tracked down by the FBI in Colorado last night after skipping town again—he failed to show up in Bay Area court Wednesday for a bail-reduction hearing in connection with his 15-year-old felony theft case. The FBI  charged him with unlawful flight to avoid prosecution; once Hsu is in custody in California, the federal charges against him will be dropped, the AP reports. More »

      Tags

      Democrats  • FBI  • arrest  • Colorado  • Norman Hsu  • fugitive  • Ed Rendell  • donor

    • Dem Moneyman May Be on the Lam Again

      San Francisco Chronicle  |  Sep 5, 07 4:27 PM CDT

      Dem Moneyman May Be on the Lam Again

      (Newser) - A top Democratic fundraiser is in more trouble after failing to appear in a California court today for a bail hearing, the San Francisco Chronicle reports. A judge revoked Norman Hsu's $2 million bail and issued a new warrant for his arrest. “It could be a mistake, somehow, on his part," his lawyer said. "It could be something else.” More »

      Tags

      Barack Obama  • Hillary Clinton  • Democrats  • fundraiser  • Norman Hsu  • passport  • bail  • donor

    • Feds Probe Hsu for Using Mail Carrier's Family

      Wall Street Journal  |  Sep 1, 07 3:26 PM CDT

      Feds Probe Hsu for Using Mail Carrier's Family

      (Newser) - The Feds are probing claims that top fundraiser Norman Hsu used a mail carrier and his family to donate to the Dems, the Wall Street Journal reports. Officials suspect that Hsu reimbursed the family for their donations, which were similar in amount and timing to Hsu’s. Hsu denies the felony charge, saying he only asked others “to give money out of their own pockets, and sometimes they have agreed.” More »