[Jersey Republican Biker Chick]

WHY AM I NOT SURPRISED....PING!!!

[ronnyquest]

"Obama, Clinton Money Man Guilty Of Major Fraud Scheme"

Shocker.

[tflabo]

And Obama blasted the SCOTUS for allowing Corporations to contribute to candidates? How much illegal $$ was pumped into his campaign.

[Walkingfeather]

It would seem that the democratic conviction prevention insurance program needs some reform.

[lmr]

ping.

[nw_arizona_granny]

Ping.

[piasa]

SEPTEMBER 21, 2009 Monday : (NY : HASSAN NEMAZEE HAS BEEN INDICTED) NEW YORK (Reuters) - Hassan Nemazee, a fund-raiser for Barack Obama, Hillary Clinton and other Democrats, has been indicted for defrauding Bank of America, HSBC and Citigroup Inc out of more than $290 million in loan proceeds, U.S. prosecutors said on Monday.
The announcement follows last month’s indictment of Nemazee, head of a private equity firm and an Iranian American Political Action Committee board member, on one count of defrauding Citigroup’s Citibank.
The new indictment adds allegations that he defrauded two other banks, Bank of America and HSBC Bank USA, in a similar fashion by falsifying documents and signatures to purportedly show he had hundreds of millions worth of collateral.
(Excerpt) Read more at reuters.com ...
-————— “U.S. charges Obama fund-raiser in $290 million fraud,” Reuters, by Grant McCool
Posted on Monday, September 21, 2009 7:25:18 PM by South40

[piasa]

SEPTEMBER 23, 2009 WED : (REPORT : DEMOCRAT FUNDRAISER NEMAZEE PLEADS ‘NOT GUILTY’ -—See HIS BROTHER-IN-LAW KASHANCHI, BANK FRAUD, CITIBANK, BANK OF AMERICA, HSBC, IRAN, HILLARY CLINTON, OBAMA, JOHN KERRY) Many of the fake documents used by a leading Democratic Party fund-raiser to defraud HSBC and Citigroup Inc were made by his brother-in-law, U.S. prosecutors said on Friday. Authorities arrested and charged Shahin Kashanchi, brother-in-law of indicted fund-raiser Hassan Nemazee, who donated to the presidential campaigns of Barack Obama, Hillary Clinton and other leading Democrats over the years.
Nemazee pleaded not guilty on Wednesday in Manhattan federal court to defrauding a total of three banks — Bank of America was the other — out of $292 million in loan proceeds.
“Based on e-mail traffic between Kashanchi and Nemazee, Kashanchi was regularly producing what Kashanchi referred to as the ‘normal quarterly statements’ for one of the non-existent collateral accounts, among other things,” the office of the U.S. Attorney in New York and the FBI said in a statement.
“Kashanchi would simply create phony account statements designed to look like real account statements, but bearing account numbers for accounts that did not exist and reflecting balances that purported to establish Nemazee’s great wealth.”
(Excerpt) Read more at nytimes.com ...—————U.S. Charges Accomplice Of Democratic Fund - Raiser (Worth saying again “Democratic Fund - Raiser”) ny times ^ | 9/25/2009 | reuters Posted on Friday, September 25, 2009 5:12:29 PM by tobyhill

[TChris]

I'm truly shocked and dismayed.

He ran in such honorable circles and all.

[piasa]

Nemazee typically donates more than $100,000 annually to Democratic political candidates, including Senate Majority Leader Harry Reid and Sen. Charles Schumer, and sits on the board of the Iranian American Political Action Committee. -——http://www.cnbc.com/id/32660569/print/1/displaymode/1098/

[Canedawg]

“The Ivy League-educated crook...”

[piasa]

.