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Dateline:Groundhog Day
Norman Hsu used his status as a Fundraiser to bilk $60,000,000. from donors in a Ponzi scheme.
7:15pm NYT
http://www.nytimes.c...
"The complaint, filed in Federal District Court in Manhattan, accused Mr. Hsu of bilking at least $60 million from hundreds of investors in a nationwide Ponzi scheme, and using some of that money to illegally reimburse at least two people who made a total of $60,000 in campaign donations at his request.
While the complaint did not specify which candidates received the illegal or coerced contributions, federal authorities confirmed that one of them was Senator Hillary Rodham Clinton. Her presidential campaign has said it intends to return $850,000 to more than 200 people whose donations were bundled by Mr. Hsu."
Now comes new News from today's WSJ of another fraud who was bundling for Hillary...
http://online.wsj.co...
Donors Stir 'Bundling' Questions
Clinton Campaign Vows
To Check Contributions
Solicited by Supporter
By BRODY MULLINS and IANTHE JEANNE DUGAN
September 20, 2007; Page A3
BRISTOW, Va. -- When Hillary Rodham Clinton held an intimate fund-raising event at her Washington home in late March, Pamela Layton donated $4,600, the maximum allowed by law, to Mrs. Clinton's presidential campaign.
But the 37-year-old Ms. Layton says she and her husband were reimbursed by her husband's boss for the donations. "It wasn't personal money. It was all corporate money," Mrs. Layton said outside her home here. "I don't even like Hillary. I'm a Republican."
The boss is William Danielczyk, founder of a Washington-area private-equity firm and a major fund-raising "bundler" for Mrs. Clinton. Mrs. Layton's gift was one of more than a dozen donations that night from people with Republican ties or no history of political giving. Mr. Danielczyk and his family, employees and friends donated a total of $120,000 to Mrs. Clinton in the days around the fund-raiser.
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