From Reuters:
Democratic fundraiser Norman Hsu was charged on Tuesday with fraud and campaign finance violations for swindling investors out of at least $20 million and making illegal donations to U.S. political campaigns.
The 15-count indictment expands upon charges filed in September, in a case that prompted Democratic presidential hopeful Hillary Clinton to return $850,000 in contributions.
Hsu's lawyer did not immediately return a request for comment.
U.S. Attorney Michael Garcia in Manhattan accused Hsu of engineering a $60 million Ponzi scheme. The indictment charges Hsu with six counts of mail fraud, six counts of wire fraud and three counts of violating the Federal Election Campaign Act, which limits individual campaign contributions.
Hsu hoped his aggressive fund raising for Senator Clinton would raise his public profile. He succeeded.
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