Posted on 09/05/2007 10:11:23 AM PDT by Nachum
REDWOOD CITY, Calif. (AP) - Democratic fundraiser Norman Hsu failed to appear Wednesday for a bail hearing and a judge issued a new warrant for his arrest. Hsu forfeits the $2 million bail he posted last week. Hsu had been a fugitive in California for 15 years during which time he became a top donor to Democratic candidates, including presidential contenders Hillary Rodham Clinton and Barack Obama.
Hsu pleaded no contest in 1991 to a felony count of grand theft, admitting he'd defrauded investors of $1 million in a bogus investment scam. Prosecutors say he was facing up to three years in prison when he skipped town before being sentenced.
Federal Election Commission records show Hsu donated $260,000 to the Democratic Party and candidates since 2004.
(This version CORRECTS Corrects that Hsu forfeits bail, sted bail reduction request.)
HSU $ORRY NOW? ANOTHER HILLARY $CANDAL!
HSU, YOUR SUGAR DADDY NOW, HILL?
Hill's memories of HSU will be fading quickly to "I Don't Recall!"
HSU'S HSU re getting illegal money from you know, HSU!
Disgraced political fund-raiser Norman Hsu - a major donor for Hillary Rodham Clinton and other Democrats - was a wanted man again after he failed to show up for court yesterday, and a judge issued a new warrant for his arrest.
Hsu, whose criminal past has roiled the campaigns of presidential candidates, was scheduled to ask a judge to cut in half the $2 million bail he posted last week when he turned himself in after spending 15 years on the lam from a felony theft conviction.
Instead, San Mateo Superior Court Judge Robert Foiles ordered Hsu's bail forfeited to the county and issued a new arrest warrant.
(Excerpt) Read more at nypost.com ...
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