Google this guy.
New York businessman and prominent Democratic fund- raiser Hassan Nemazee was indicted Monday for allegedly defrauding three banks out of $292 million in loans.
Nemazee, 59 years old, was charged with aggravated identity theft and three counts of bank fraud in the indictment.
Nemazee, who was involved in various presidential campaigns and once served as finance chairman of the Democratic Senatorial Campaign Committee.
To perpetuate the scheme, Nemazee allegedly provided fake account statements with forged signatures that claimed he held hundreds of millions of dollars in U.S. Treasury notes and other securities, prosecutors said.
Nemazee also established two “virtual offices” that purported to be associated with legitimate brokerage firms in the event the banks sought to confirm the existence of the assets, the government said.
He allegedly used the proceeds from the loans to make donations to the election campaigns of federal, state, and local candidates; to make donations to political action committees.
Today’s indictment exposes the sheer brazenness of Nemazee’s schemes and marks the end of his decade of deception.