Tuesday, September 22, 2009

U.S. charges Obama fund-raiser in $290 million fraud












Photo courtesy of Reuters
NEW YORK (Reuters) - Hassan Nemazee, a fund-raiser for Barack Obama, Hillary Clinton and other Democrats, has been indicted for defrauding Bank of America, HSBC and Citigroup Inc out of more than $290 million in loan proceeds, U.S. prosecutors said on Monday.

Read the rest at Reuters

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