Hassan Nemazee Pleads Guilty in Manhattan Federal Court to $292 Million Bank Fraud

Thanks to Piasa for this post:

Quote:

http://www.freerepublic.com/focus/f-news/2348924/posts?page=4#4

To: kcvl; thouworm; Cindy
The first clip is Stewart’s take on Dem fundraiser Hassan Nemazee, with the money quote from Joe Biden (“If I had my way, we’d be calling him Ambassador Nemazee”):
Obama, Clinton Money Man Guilty Of Major Fraud Scheme Judicial Watch ^ | 03/19/2010

The shady Iranian fundraiser who for years donated lucrative sums to top Democrats—including the president, vice president and secretary of state—has pleaded guilty to a major bank-fraud scheme that could land him in jail for nearly two decades.

Disgraced Democratic money man Hassan Nemazee admitted this week that he defrauded three financial institutions out of nearly $300 million in loan proceeds by falsifying documents and signatures to show he had hundreds of millions of dollars worth of collateral. The Ivy League-educated crook then used the proceeds to donate big bucks to the campaigns of federal, state and local candidates.

Among them are some of the nation’s best known and most powerful Democrats, including Secretary of State and former New York Senator Hillary Clinton, President Barack Obama and Vice President Joe Biden. Nemazee was actually the national finance chairman of Clinton’s failed 2008 presidential campaign as well as John Kerry’s in 2004.

The corrupt “investment banker” went on to raise more than half a million dollars for Obama after Clinton’s primary defeat and donated the maximum ($50,000) allowed to the new president’s inauguration committee. Less than a year ago Nemazee hosted a $28,500-a-head fundraiser for Obama in his luxurious Upper East Side New York penthouse.

When Nemazee was criminally charged last fall, top Democrats scrambled to return his tainted money and there is plenty floating around the coffers of the party’s elite. For nearly a decade Nemazee was a key figure in Democratic fundraising circles, donating and gathering hundreds of thousands of dollars. Nemazee was so well-connected that in the late 1990s Bill Clinton nominated him to be a U.S. ambassador in Argentina though the position never materialized.

4 posted on March 22, 2010 11:58:22 PM PDT by piasa (Attitude adjustments offered here free of charge)
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2001 : (NEMAZEE JOINS THE BOARD OF AIC —— see IAPAC) In 2001, at the invitation of Mobil Oil Chairman Lucio Noto, whom he counts as a “personal friend,” Hassan Nemazee joined the board of the American-Iranian Council, a U.S. lobbying group that consistently has supported lifting U.S. sanctions on Iran and accommodating the Tehran regime.
Hassan Nemazee also helped establish the Iranian-American Political Action Committee (IAPAC) Because of his association with IAPAC, Hassan Nemazee was accused of serving as an agent for the Islamic government of Iran by the Student Movement Coordinating Committee for Democracy in Iran (SMCCDI)- via Crosswalk.
54 posted on Wednesday, August 26, 2009 12:17:58 AM by red flanker

JANUARY 2004 : (PRO DEMOCRACY IRANIAN-AMERICANS RAISE CONCERNS ABOUT KERRY CAMPAIGN FUNDRAISER NEMAZEE WHO WANTS TO NORMALIZE U.S. RELATIONS WITH IRAN) WASHINGTON — Iranian American supporters of the effort to bring democracy to Iran are raising concerns about the resurgence of Senator Kerry’s campaign for the Democratic Party’s presidential nomination, questioning the role of a Kerry fund-raiser who wants to normalize ties with Tehran. Hassan Nemazee, an Iranian American financier based in New York, was on the board of the American Iranian Council [aic] when that organization arranged for President Clinton’s secretary of state, Madeleine Albright, to apologize for America’s [ALLEGED] role in the 1953 coup that brought the Shah to power in Iran. —— “Kerry’s Fund-Raiser Worries Advocates Of Iran Democracy,” NY Sun ^ | Tue, 27 Jan 2004 | ELI LAKE , Posted on Wednesday, January 28, 2004 12:52:39 AM by F14 Pilot

AUGUST 25, 2009 : (ARREST OF NEMAZEE —— See CHUCK SCHUMER & US ATTNY PREET BHARARA) Poster:...Here’s the US Attorney of the Southern District Preet Bharara’s complaint against Democratic mega-donor Hassan Nemazee, the chairman of Nemazee Capital Corp. who was arrested today on charges that he used phony documents to trick Citigroup Inc. into lending him up to $74 million.
Nemazee is perhaps best known as a fundraiser for both President Obama and former Sen. Hillary Clinton. He also served as national finance chairman for the DSCC when it was headed by Sen. Chuck Schumer, which is sort of ironic, considering that [ US Attorney of the Southern District Preet ] Bharara was, until very recently, working as chief counsel to the senior senator of New York.
Nemazee has maxed out in contributions to both Schumer and Sen. Kirsten Gillibrand, giving them a total of $4,800 each (two $2,400 checks to Schumer in April - one for the primary, one for the general - and two of the same amount to Gillibrand in June).
Woops. I missed some additional contributions. Nemazee gave Gillibrand $1,000 in 2005 and another $1,000 in 2006. He gave two $2,000 donations to Rep. Carolyn Maloney in 2005. There was also $151,700 to the DSCC between March 2006 and March 2009.
I’m still awaiting word on whether this money will be returned.-——— “Nemazee Fallout,” http://www.nydailynews.com/blogs/dailypolitics/2009/08/nemazee-fallout.html
August 25, 2009
****
Nemazee, Hassan Complaint
http://forum.prisonplanet.com/index.php?PHPSESSID=f5d43a963a56b9c309ebf6ca16ea6e39&topic=128637.msg790365#msg790365

Thanks to piasa for the additional posts:

http://www.freerepublic.com/focus/news/2477327/posts?page=30#30

To: Grampa Dave
In a December 3 address to the Council on Foreign Relations, Mr. Kerry said that if he was president, he “will be prepared early on to explore areas of mutual interest with Iran.” In that same speech he chastised the Bush administration for failing to hand over Iraqi-based insurgents to Tehran in exchange for members of Al Qaeda. “It is incomprehensible and unacceptable that this administration refuses to broker an arrangement with Iran for a mutual crackdown on both terrorist groups,” he told the council.
Mr. Kerry and his fund-raiser have drawn the criticism of many Iranians pushing for America to support Iranian democrats. “Unfortunately Mr. Nemazee is still advising Mr. Kerry,” a spokesman for the Student Movement Coordination Committee for Democracy in Iran,Aryo Pirooznia, told The New York Sun yesterday. “Everyone remembers in the last of year of the Clinton administration when Mr. Nemazee gave a speech at the AIC calling for the removal of all sanctions against the Islamic Republic. We will be asking any Iranian-American of principle to vote for President Bush knowing that Mr. Kerry has recently said that Iran is moving toward democracy.” -— “Kerry’s Fund-Raiser Worries Advocates Of Iran Democracy,” NY Sun ^ | Tue, 27 Jan 2004 | ELI LAKE , Posted on Wednesday, January 28, 2004 12:52:39 AM by F14 Pilot

30 posted on March 23, 2010 6:08:36 PM PDT by piasa (Attitude adjustments offered here free of charge)
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To: Canedawg; Cindy; backhoe
NOVEMBER 1995 : (HASSAN NEMAZEE HOSTS A DINNER FEATURING VICE PRESIDENT AL GORE WHICH RAISED $250,000 FOR THE DNC) November 1995 he hosted a dinner featuring Al Gore, raising $250,000 for the Democratic National Committee-———http://www.forbes.com/forbes/1999/0503/6309142a_print.html
Recall that Nemazee is also related to the Cisneros family of Venezuela.

31 posted on March 23, 2010 6:23:25 PM PDT by piasa (Attitude adjustments offered here free of charge)
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