Top Democrat fund-raiser for Obama, Hillary arrested

WorldNetDaily ^ | August 25, 2009 | WorldNetDaily

[RobinMasters]

Hassan Nemazee, a multimillionaire Iranian-American investment banker and top Democratic Party fundraiser, was arrested today by federal law enforcement authorities in New York City and charged with engaging in criminal fraud for his role in arranging a $74 million dollar loan from Citibank, Bloomberg reported.

U.S. Attorney Prett Bharara in New York City and FBI investigators told Dow Jones Newswires the 59-year-old Namazee applied for the Citibank loans for Nemazee Capital Corp. by giving Citibank "numerous documents that purported to establish the existence of accounts in Nemazee's name at various financial institutions containing many hundreds of millions of dollars."

According to the criminal complaint released by Bharara, the accounts Nemazee submitted in the loan documentation were "fraudulent and forged" and "either never existed or had been closed years before Nemazee submitted the documents referencing those accounts."

The criminal complaint alleged Nemazee's fraudulent scheme began in December 2006, when he first approached Citibank to borrow $25 million. He recently raised the sum to $80 million.

[GOPJ]

Who knows - maybe the CIA will out a lot of dem criminals...

[Vn_survivor_67-68]

revisiting hillarys capitulation and debt Leading The News Ferraro wants Obama to pay Clinton’s debt By Jordan Fabian Posted: 06/05/08 12:42 PM [ET] Geraldine Ferraro has a plan for Sen. Hillary Rodham Clinton (D-N.Y.) to recoup her sizable campaign debt: Have Sen. Barack Obama’s (D-Ill.) fundraisers pick up the tab. After a long primary season, the Clinton campaign’s expenditures have far exceeded the amount of donations it has received so far, and the campaign has accumulated debt of more than $19 million, according to campaign finance reports. Much of that debt consists of unpaid salaries and bills to vendors. When questioned about Clinton fundraisers being asked to join the Obama campaign, Ferraro told The Hill, “These are the people raising hundreds of thousands of dollars. I would hope that [Obama] would do the same thing with his fundraisers to pay off Hillary’s debt.” Ferraro, a former Democratic congresswoman from New York and the Democrats’ 1984 vice presidential candidate, strongly supported Clinton and raised funds for her. http://thehill.com/leading-the-news/ferraro-wants-obama-to-pay-clintons-debt-2008-06-05.html Tue June 24, 2008 Obama asks contributors to help Clinton with debt Sen. Barack Obama has asked top contributors to help his former rival for the Democratic presidential nomination, Sen. Hillary Clinton, retire her debt, an Obama campaign source said Tuesday. Obama did not direct members of his National Finance Committee to contribute to Clinton's campaign, the source said, but asked them to do so if they were so inclined. Clinton suspended her campaign and endorsed Obama for the Democratic presidential nomination this month. She has amassed a campaign debt of about $22 million, but about $12 million of that is money the New York senator loaned to the campaign herself. http://www.cnn.com/2008/POLITICS/06/24/obama.clinton.debt/index.html Dec 4, 2008 11:58 pm US/Pacific Clinton Still Trying To Pay Campaign Debt Campaign '08 Complete Coverage NEW YORK (CBS News) ― Hillary Clinton is still working on erasing her campaign debt and Barack Obama is now asking his list of donors to help her. President-elect Barack Obama's vast list of donors is being asked to donate to Hillary Rodham Clinton as she scrambles to reduce her massive campaign debt before she becomes secretary of state and federal ethics rule limit her fundraising, an Obama adviser said Thursday night. http://cbs5.com/national/hillary.clinton.debt.2.880466.html

[WOBBLY BOB]

Maybe he had Al Franken’s accountant and borrowed Turbotax Timmy’s Turbotax software.

[july4thfreedomfoundation]

“Hillary wouldn’t be arrested if she took out Obama and Biden on national TV.”

God forbid. If that were to happen, Nancy Pelosi would be the next President of the United States.

[dr_who]

May there be many more arrests. Democrats by and large belong behind bars.

[samadams2000]

I might suggest this- No more than 5% of your portfolio- Yielding 4% as we speak-

http://www.conagrafoods.com/consumer/brands/index.jsp

Symbol CAG

[mojitojoe]

Is there anyone that is related to the Clintons or Obama that isn’t a criminal?

[Pikachu_Dad]

Isn’t he the one that just moved a plant back from China to the US?

[camp_steveo]

Thanks for posting.

[charmedone]

“Yeah, too bad the Holder Justice Department won’t want to hear any of it.”

The indictment wil have a missing period and be found to be improper. He will have the charges dismissed w/prejudice.

[DHSMostWanted]

And you think things are bad now, imagine if Pelosi were President.

[Munz]

you may be right

[watusa1775]

Why this not big news? Michael Jackson not raised from dead yet? Hey Matt Lauer, other guy from hair club in jail. Find any Honduran money or cocaine from Venezuela on him? Send him to Guantanamo.

[red flanker]

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.

[zwerni]

yes - i saw this in the top headlines on Reuters and AP - they also led off with this on the 11:00 news this evening...

NOT!!

[TheThinker]

Holder says we can threaten voters but not terrorists!

[piasa]

Hassan Nemazee, a multimillionaire Iranian-American investment banker and top Democratic Party fundraiser, was arrested today by federal law enforcement authorities in New York City and charged with engaging in criminal fraud for his role in arranging a $74 million dollar loan from Citibank, Bloomberg reported.

2003 : (IRANIAN-AMERICAN SMCCDI GROUP WRITES LETTER CALLING ON US SENATOR TED KENNEDY TO DISASSOCIATE HIMSELF FROM THE NEWLY FORMED IAPAC, WHICH THEY DESCRIBE AS A LOBBY GROUP FOR THE IRANIAN REGIME--See NEMAZEE) A group of Iranian-Americans formed the Student Movement Coordination Committee for Democracy in Iran (SMCCDI) in 1997 to oppose the radical Islamic regime. Last year [2003] they wrote an open letter calling on Senator Edward Kennedy to disassociate himself with the then-newly-formed Iranian American Political Action Committee (IAPAC), which they described as a "lobby group for a terrorist regime." The letter, signed by SMCCDI coordinator Aryo B. Pirouznia, described Hassan Nemazee as a "discredited and well-known individual who's seeking to legitimize the tyrannical Islamic Republic regime," and stated that "Nemazee's agenda and ultimate goal has been the promotion and support of relations with it."
The characterization of Nemazee as "discredited" seems to stem from some extremely dubious business dealings outlined in a 1999 Forbes Magazine article titled Warning Flags. Nemazee, then a Clinton Administration appointee for the position of U.S. Ambassador to Argentina, withdrew his name from consideration for that post shortly after the Forbes article was published.
Nemazee filed suit against the SMCCDI and Aryo Pirouznia, alleging defamation of character and denying the charge that he was an agent of the Iranian regime who was promoting that regime's interests in the U.S. The SMCCDI responded with a counter-suit against Nemazee. ------------ "The Kerry / Iran Connection: An Overview," various | October 19, 2004 | Interesting Times Posted on 10/18/2004 11:20:37 PM PDT by Interesting Times

[piasa]

OCTOBER 18, 2004 : ( JOHN KERRY FUNDRAISER HASSAN NEMAZE IS DEPOSED, CLAIMS HE IS FOR REGIME CHANGE IN IRAN AND IS AGAINST NORMALIZATION WITH THE REGIME, IN CONTRAST WITH JOHN KERRY'S PRO-NORMALIZATION VIEWS) Nemazee was formally deposed on October 18th, saying, remarkably, that normalizing relations with Iran would be a mistake, that Iran should not be trusted with nuclear materials, and that he favors regime change -- see Kerry Iranian fund-raiser repudiates him on Tehran.
Where does the story go from here? Does each quo have a corresponding quid? Stay tuned...-------- "The Kerry / Iran Connection: An Overview," various | October 19, 2004 | Interesting Times Posted on 10/18/2004 11:20:37 PM PDT by Interesting Times
******
Under oath, even Mr. Nemazee, John Kerry's top Iranian fund-raiser, completely repudiated John Kerry's policy. Mr. Nemazee testified that Sen. Kerry had not asked his opinion, but if the senator had asked, Mr. Nemazee would have advised that the Iranian Islamic regime cannot be trusted but to have any intention other than to build nuclear weapons. Mr. Nemazee freely agreed that the current Iranian government is a terror-exporting regime, and he openly stated his wish for regime change.
What possibly could be going on here? Did Nemazee back the wrong candidate? Please, somebody give Mr. Nemazee a telephone. He needs to call the candidate before Sen. Kerry makes a horrible mistake and gives the mad mullahs nuclear fuel.
Or, was Nemazee not stating his true position under oath? Could we be experiencing a repeat of Bill Clinton's infamous Chinagate? Was Kerry willing to trade access to nuclear technology and nuclear fuel in return for generous campaign contributions? These are important questions. Maybe the truth was spoken by Nemazee's money, not the words he uttered at his deposition. Maybe Mr. Nemazee had achieved with Sen. Kerry's nuclear policy statement in the debate result he had intended.
One thing was for sure: The liberal, mainstream media were nowhere in sight. ABC, NBC, CBS, the New York Times, and the Washington Post wanted to be as far away as possible from the Nemazee deposition ... a story that might taint their predetermined candidate. ------- John Kerry's Irangate? BY Jerry Corsi,7 posted on 10/22/2004 7:32:46 AM PDT by Interesting Times | To 1
********
Nemazee has served on the Board of the American Iranian Council, the Iranian American Political Action Committee (IAPAC), and the Asia Society, all of which favor negotiations with the mullahs' regime and eventual normalization of relations with Iran. ------------- "The Kerry / Iran Connection: An Overview," various | October 19, 2004 | Interesting Times Posted on 10/18/2004 11:20:37 PM PDT by Interesting Times

[Cindy]

Thanks Piasa I missed this.

#

http://www.tradingmarkets.com/.site/news/Stock%20News/2495467/

“Manhattan U.S. Attorney Charges Chairman and Chief Executive Officer of Nemazee Capital With Bank Fraud”
Tue. August 25, 2009; Posted: 01:45 PM

SNIPPET: “NEW YORK, Aug 25, 2009 /PRNewswire-USNewswire via COMTEX/ — CIBWF | Quote | Chart | News | PowerRating — Preet Bharara, the U.S. Attorney for the Southern District of New York, and Joseph M. Demarest, Jr., the Assistant Director-in-Charge of the New York Office of the FBI, announced the arrest this morning of Hassan Nemazee, the Chairman and Chief Executive Officer of Nemazee Capital Corporation, in connection with a scheme to defraud Citibank, N.A. (Citibank).”

SNIPPET: “On Aug. 23, 2009, federal agents interviewed Nemazee at Newark Liberty International Airport as he was in the process of checking in for a flight to Rome. On Aug. 24, 2009, Nemazee repaid to Citibank his outstanding loan, an amount in excess of $74 million.”

[Future Useless Eater]

Gee, I wonder where the money WENT??

Do you think the recipients will have to RETURN the cash?

HASSAN NEMAZEE (NEMAZEE CAPITAL), (Zip code: 10021) $2000 to NEW YORK SENATE 2000 on 06/08/00

SHEILA NEMAZEE (VOLUNTEER), (Zip code: 10021) $1000 to NEW YORK SENATE 2000 on 06/08/00

HASSAN NEMAZEE (NAMAZEE CAPITAL CORP), (Zip code: 10021) $2000 to CARPER FOR SENATE on 03/30/00

SHEILA NEMAZEE (VOLUNTEER), (Zip code: 10021) $2000 to CARPER FOR SENATE on 03/30/00

HASSAN NEMAZEE (NEMAZEE CAPITAL CORP), (Zip code: 10021) $1000 to CARPER FOR SENATE on 04/19/00

SHEILA NEMAZEE (VOLUNTEER), (Zip code: 10021) $1000 to CARPER FOR SENATE on 04/19/00

HASSAN NEMAZEE (NEMAZEE CAPITAL CORP), (Zip code: 10021) $100] to CARPER FOR SENATE on 04/19/00

SHEILA NEMAZEE (VOLUNTEER), (Zip code: 10021) $100] to CARPER FOR SENATE on 04/19/00

A spokesman for Mr. Soros said yesterday that he has not made any decision yet about who he will back in 2008. Some at the December meeting are said to be squarely in Mrs. Clinton's camp, but at least two big fund-raisers at the session, Hassan Nemazee of Nemazee Capital Corp. and Orin Kramer of Boston Provident Partners LP, have yet to declare their allegiances.

NEMAZEE CAPITAL CORP, (Zip code: 10021) $25000 to DNC-NONFEDERAL-CORPORATE on 11/14/95

``In the old days, you could go to someone and write a check for a six-figure amount,'' said Hassan Nemazee, chairman of Nemazee Capital Corp. of New York who has been asked by the Democratic National Committee to raise money. ``It's obviously a little more difficult today.''

$27,000 was given by people who identified their employer as "Nemazee Capital Corp".
$0 to Republicans
$27,000 from 1 person to Democrats

Person

Candidate

Address

Hassan Nemazee

Donation of $25,000 to Presidential elections 2004

Hassan Nemazee

Chairman & CEO
Nemazee Capital Corp

Updated
Q1/2004
DNC
$25,000

770 PARK AVE
New York NY

Hassan Nemazee

Donation of $2,000 to Presidential elections 2004

Hassan Nemazee

President / CEO
Nemazee Capital Corp

Updated
Q1/2004
John Edwards
$2,000

770 PARK AVE
New York NY