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 ...
The Census Bureau falls under the US Department of Commerce. The Secretary of Commerce, Gary Locke (D), is a member of Obama's Cabinet
US Secretary of Energy Steven Chu
"Chief among them is a bilateral trade imbalance that simply can't be sustained. Growth predicated on ever increasing Chinese exports being consumed by debt-laden Americans provided years of successfulness -- but it also sowed some of the seeds for our current economic troubles."
Chinese interests? Think about it.
Arrested Democratic Fundraiser's Pro-Taliban, Pro-Iran Agendawell, that pretty much explains A) Joe Biden as VP and B) Demwith foreign policy (Pelosi with a head covering, John Kerry wetting his pants, oh, sorry, wrong topic for that one). :') THanks thouworm.
:’) At least!
Obama Sees An Iran Deal That Could Avoid Congress
http://www.freerepublic.com/focus/news/3217250/posts
GOOD THREAD BUMP
iran nuke deal bump
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