Disgraced democratic fundraiser Norman Hsu is in good condition at St. Mary's hospital. Once he is released by doctors, Hsu will be turned over to the Mesa County's Sheriff's Office for holding until his extradition hearing.

Norman Hsu was arrested at St. Mary's hospital in Grand Junction after he failed to show up for a court appearance related to a felony theft conviction.

Officers from the Grand Junction Police Department and agents from the Denver office of the FBI placed him under arrest. He will remain in federal custody until returned to state custody. At that time the federal charges will be dismissed.

The Mesa County Sheriff's Office, US Immigration and Customs Enforcement, and the US State Department Diplomatic Security Service assisted in the investigation.

According to the FBI, in 1991, Hsu pled no contest to grand theft charges from an investment fraud scheme, but disappeared before he could be sentenced. After fifteen years on the run, Hsu turned himself in on August 31, 2007. He then failed to appear for his bail hearing Wednesday September 5, 2007.