You Know Hsu Indicted In New York

A federal grand jury on Tuesday indicted Norman Hsu, a top Democratic fundraiser accused of cheating investors of at least $20 million 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 Manhattan, the government accused the 56-year-old clothing-industry entrepreneur of duping investors nationwide with a massive Ponzi scheme.

Hsu was one of Sen. Hillary Clinton's big bundlers of campaign donations for her campaigns. This should be a major hit on the Clinton effort as she hasn't done nearly enough to distance herself from Hsu's odious efforts.

Michelle Malkin has more.

Hsu is in hot water in multiple states for criminal endeavors - both stemming from going on the lamb in California to campaign finance malfeasance, to operating a Ponzi scheme. Yet, Hsu managed to cozy up to some of the biggest names in the Democratic party during the time when Hsu should have been in prison in California on grand theft charges.

UPDATE:
Jammie notes that Reuters was even kind enough to address who Hsu was raising funds for in their headline. That's a start. Let's see them keep it up.

UPDATE:
A copy of the indictment is here. Of note are counts 13 through 15, which alleges campaign finance fraud for 2005, 2006, and 2007 respectively.