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Democratic (and Obama) Fund-Raiser Nemazee Indicted In $292 Million Fraud
NasDaq ^ | 9/21/09 | Chad Bray

Posted on 09/21/2009 3:33:07 PM PDT by pissant

NEW YORK -(Dow Jones)- New York businessman and prominent Democratic fund- raiser Hassan Nemazee was indicted Monday for allegedly defrauding three banks out of $292 million in loans.

Nemazee, 59 years old, was charged with aggravated identity theft and three counts of bank fraud in the indictment. Each bank fraud count carries a term of up to 30 years in prison.

A lawyer for Nemazee didn't immediately respond to a request for comment.

Nemazee, who was involved in various presidential campaigns and once served as finance chairman of the Democratic Senatorial Campaign Committee, was initially charged criminally in August related to a loan he allegedly obtained fraudulently from Citigroup Inc.'s (C) Citibank unit.

Prosecutors from the U.S. Attorney's office in Manhattan also are seeking $292 million in forfeiture in the case.

In the indictment, prosecutors alleged that Nemazee obtained hundreds of millions of loans from Bank of America Corp. (BAC), Citigroup and HSBC Holdings Plc (HBC) between 1998 and 2009.

(Excerpt) Read more at nasdaq.com ...


TOPICS: Breaking News; Crime/Corruption; US: New York
KEYWORDS: 1953; 200909; acorn; agenda; aic; aig; bac; bailouts; bankofamerica; bho44; brzezinski; citibank; citigroup; cultureofcorruption; democratcorruption; democrats; donors; fundraiser; hassannemazee; hbc; hillary; hillaryclinton; hsbc; hsbcholdings; iapac; iran; iranian; kerry; larrysinclairslover; mortgagecrisis; nemazee; newyork; obama; obamafundraiser; sanctions
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To: thouworm
BREAKING NEWS----Census cutting all ties to ACORN

The Census Bureau falls under the US Department of Commerce. The Secretary of Commerce, Gary Locke (D), is a member of Obama's Cabinet

FR COMMENT LINK

US Secretary of Energy Steven Chu

FR COMMENT LINK

"Chief among them is a bilateral trade imbalance that simply can't be sustained. Growth predicated on ever increasing Chinese exports being consumed by debt-laden Americans provided years of successfulness -- but it also sowed some of the seeds for our current economic troubles."

Chinese interests? Think about it.

81 posted on 09/22/2009 3:26:15 PM PDT by Fred Nerks (fair dinkum)
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To: thouworm
Arrested Democratic Fundraiser's Pro-Taliban, Pro-Iran Agenda
well, that pretty much explains A) Joe Biden as VP and B) Demwith foreign policy (Pelosi with a head covering, John Kerry wetting his pants, oh, sorry, wrong topic for that one). :') THanks thouworm.
82 posted on 09/22/2009 4:33:58 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/__Since Jan 3, 2004__Profile updated Monday, January 12, 2009)
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To: rdl6989

:’) At least!


83 posted on 09/22/2009 4:51:34 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/__Since Jan 3, 2004__Profile updated Monday, January 12, 2009)
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To: Enchante
Image and video hosting by TinyPic

84 posted on 09/22/2009 4:56:09 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/__Since Jan 3, 2004__Profile updated Monday, January 12, 2009)
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To: pissant

Obama Sees An Iran Deal That Could Avoid Congress

http://www.freerepublic.com/focus/news/3217250/posts


85 posted on 10/19/2014 8:36:23 PM PDT by piasa (Attitude adjustments offered here free of charge)
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To: thouworm

GOOD THREAD BUMP


86 posted on 03/11/2015 6:30:41 PM PDT by piasa (Attitude adjustments offered here free of charge)
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iran nuke deal bump


87 posted on 03/11/2015 6:38:50 PM PDT by piasa (Attitude adjustments offered here free of charge)
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