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Hillary Clinton fundraiser Norman Hsu fugitive for grand theft?

The Wall Street Journal reports Norman Hsu, one of the top fundraisers for Hillary Clinton, may be a fugitive from justice. 

Hillary Clinton fundraiser Norman Hsu fugitive for grand theft? According to the Wall Street Journal, Norman Hsu, a top Democratic contributor and a major fundraiser for the presidential campaign of Sen. Hillary Clinton, has pleaded no contest to a charge of grand theft in 1991. According to the Journal, Hsu accepted a plea baring to serve three years in jail after for allegedly cheating investors out of $1 million.

 California prosecutor claims that Mr. Hsu never appeared for his sentencing and a warrant has been issued for his arrest. "He is a fugitive. Do you know where he is?" Ronald Smetana, who handled the case for the California state attorney general, said in an interview with the paper. Norman Hsu's attorney claims that there are no outstanding warrants for his client.

 Paw family houseThe WSJ also linked Norman Hsu to a San Francisco family, the Paw family, who live in a modest house, but have contributed $55,000 to Hillary Clinton in the past three years. Winkle Paw, who lists as his employer several companies owned by Mr. Hsu, is the top contributor from the Paw family. You can see a picture of their home on the right. “I have been fortunate in my investments and all of my contributions have been in my money," Winkle Paw told the newspaper.

 The Hillary Clinton camp said today that there is no reason to return the donations, as there is no evidence that anyone got reimbursed for the donations, and that the Paw family, although living in a small house, had the financial means for these contributions.

 Hillary Clinton remains the favorite to become the next U.S. President, holding the 2/1 odds, according to the bookmaker Bodog Sports. She is also the most likely candidate for Democratic nomination with odds 11/10.

Published on 08/29/2007

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