Thanks to Piasa for the ping to these posts.
Quote:
http://www.freerepublic.com/focus/f-news/2477327/posts?page=10#10
To: Conservative Coulter Fan
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
10 posted on March 22, 2010 10:05:43 PM PDT by piasa (Attitude adjustments offered here free of charge)
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To: Conservative Coulter Fan; Cindy
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
11 posted on March 22, 2010 10:11:45 PM PDT by piasa (Attitude adjustments offered here free of charge)
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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