Tuesday, August 25, 2009
Another Democrat Fraud Artist
He raised money for Bill and Hillary!, John Kerry Whofoughtinvietnam and Shmuck Schumer. Oh yeah, and Barack Obama. Bloomberg:
Hassan Nemazee, chairman of Nemazee Capital Corp. and a fundraiser for President Barack Obama and Hillary Clinton, was arrested on charges he used phony documents to trick Citigroup Inc. into lending him as much as $74 million.
Another prominent fundraiser for Democrats, Norman Hsu, was convicted by a federal jury in May of campaign finance fraud for making tens of thousands of dollars in illegal donations. He also pleaded guilty to cheating investors of more than $20 million in a Ponzi scheme. He has yet to be sentenced.
Nemazee is one of the leading fundraisers for the Democratic Party. He served as national finance chairman for the Senate committee that works to elect Democrats when it was run by New York Senator Charles Schumer.
In the 2008 presidential campaign, Nemazee raised at least $100,000 for Clinton, and then went on to bring in at least $500,000 for Obama after he defeated her in the primary campaign, according to the Washington watchdog group Public Citizen. Clinton is now secretary of state.
Nemazee also served as New York finance chairman for Massachusetts Senator John Kerry during his 2004 run for the presidency.
Nemazee Capital’s Web site carries excerpts of stories that highlight his connections. The first, a Washington Times piece about former President Bill Clinton’s recent mission to North Korea, describes Nemazee as a “friend and longtime Clinton supporter.”
Tommy Vietor, an Obama administration spokesman, declined to comment on Nemazee’s arrest. Ian Kelly, a State Department spokesman, declined to comment. Brian Fallon, a Schumer spokesman, didn’t immediately respond to a request for comment.
It's "teachable" how many detestable, thieving criminals are associated with the Democrat Party leadership, especially Obama.