AP- A federal grand jury has indicted Norman Hsu, a top democratic fundraiser accused of cheating investors of at least $60 -- and using some of the money to make illegal donations to political campaigns.
In the 15-count indictment returned in U.S. District court in New York, the government accused the 56-year-old clothing-industry
entrepreneur of duping investors nationwide with a massive ponzi
The government said Hsu also violated federal campaign finance
laws by making contributions to various political candidates in the
names of others.
Hsu was arrested in Grand Junction in September after
he failed to show up for a court appearance related to a felony
theft conviction in California.