Friday, August 31, 2007

Hsu Surrenders to Cops -- Democrats Surrender his Cash

Fugitive fundraiser Norman Hsu has turned himself in to California authorities. He's being held on $2 million bond.

Mr Hsu has been a big donor to Democratic political campaigns -- notably Sen Hillary Clinton (D-NY) and Sen Barack Obama (D-IL).

The former clothing executive has been on the lam since skipping out on sentencing for a grand theft charge in 1991.

After his name popped up in a review of campaign donations, Democrats scrambled to unload the cash they'd taken from him over the years.

Sen Clinton is dumping $23,000 from Mr Hsu collected over various campaigns. Sen Obama is dumping $7,000 given to his campaign and PAC. The Democratic Senatorial and House campaign committees are dumping a total of $45,800 they took from him.

All the money will go to charities. (CNN)

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