Posted on 09/21/2009 3:33:07 PM PDT by pissant
NEW YORK -(Dow Jones)- New York businessman and prominent Democratic fund- raiser Hassan Nemazee was indicted Monday for allegedly defrauding three banks out of $292 million in loans.
Nemazee, 59 years old, was charged with aggravated identity theft and three counts of bank fraud in the indictment. Each bank fraud count carries a term of up to 30 years in prison.
A lawyer for Nemazee didn't immediately respond to a request for comment.
Nemazee, who was involved in various presidential campaigns and once served as finance chairman of the Democratic Senatorial Campaign Committee, was initially charged criminally in August related to a loan he allegedly obtained fraudulently from Citigroup Inc.'s (C) Citibank unit.
Prosecutors from the U.S. Attorney's office in Manhattan also are seeking $292 million in forfeiture in the case.
In the indictment, prosecutors alleged that Nemazee obtained hundreds of millions of loans from Bank of America Corp. (BAC), Citigroup and HSBC Holdings Plc (HBC) between 1998 and 2009.
(Excerpt) Read more at nasdaq.com ...
nemazee has a heart attack or cancer or...something... coming on
How can the clintons and ubama ever let him testify?
Nemazee was New York Finance Chairman for the Kerry campaign, as well as having served as national finance chairman of the Democratic Senatorial Campaign Committee. He was largely responsible for the Dems taking back the Senate; he is in bed with Schumer (eww, bad mental image). He served as Finance Chairman for Hillary Clinton's presidential campaign, and donated $50,000 (the max allowed) to BO's Inaugural Committee. I have a huge file of this guy. He is definitely bad news.
Obama: Judge me by the people with whom I surround myself.
Nemazee was New York Finance Chairman for the Kerry campaign, as well as having served as national finance chairman of the Democratic Senatorial Campaign Committee. He was largely responsible for the Dems taking back the Senate; he is in bed with Schumer (eww, bad mental image). He served as Finance Chairman for Hillary Clinton’s presidential campaign, and donated $50,000 (the max allowed) to BO’s Inaugural Committee. I have a huge file of this guy. He is definitely bad news.
+++++++++++++++++
Is this the Jack Abramoff for the dim bulbs?
...prominent Democratic fundraiser Hassan Nemazee was indicted Monday for allegedly defrauding three banks out of $292 million in loans. Nemazee, 59 years old, was charged with aggravated identity theft and three counts of bank fraud in the indictment. Each bank fraud count carries a term of up to 30 years in prison.
"Ride Greyhound, and leave the driving to me!"
so thats where Obama’s record breaking fundraising came from.
hmm, I suppose the judge will be issuing a order for all funds and donations from this guy to be returned as it was obviously from theft. Get your wallets out Obama and the DNC.
“with aggravated identity theft”
hmm, wasnt that half the problem in identifying where Obama’s money was coming from.
Obama: For some, nagging questions remain...(referencing Jeremiah Wright)
The difference is, that news was just an arrest, this is an indictment.
maybe we should throw that one back at them in 2010 : Democrats - The Party of Racism and Corruption.
Ugh, traitorous dems, muslim sympathizers. The whole RAT party needs to be put behind bars.
Shh. We’re not supposed to talk about the heart attack machine. Maybe they could just go for an epileptic seizure at an open window (the John Roberts special)
If a Democrat fundraiser defrauds banks for contributions to Democrats, is this any different than Democrat government commandeering banks and forcing them to fund Democrat policies, or Democrat government blackmailing federally funded programs like thew NEA to promote Democrat agenda issues?
I didn’t put in breaking news, someone else did
That's it...that's THE commercial.
And I'm voting for the person who has the guts to put it out there.
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