Democratic Donor Gets 24-Year Term A federal judge Tuesday sentenced Democratic fund-raiser Norman Hsu to more than 24 years in prison for illegally funneling money to U.S. political candidates and for defrauding investors in a multimillion-dollar Ponzi scheme.
Mr. Hsu rose from being a relatively unknown businessman in California to a prominent fund-raiser who pulled in hundreds of thousands of dollars for Hillary Clinton and some other Democratic politicians. A Wall Street Journal article in August 2007 raised questions about the legality of some of those donations. Later that year, Mrs. Clinton's presidential campaign agreed to return $850,000 in funds raised through Mr. Hsu.
Mr. Hsu, a legal U.S. immigrant from Hong Kong, was known among acquaintances as a gregarious man who enjoyed the access to the political elite that his fund-raising successes afforded him.
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