SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: LindyBill9/5/2007 1:51:08 PM
  Read Replies (5) of 793720
 
"Hill-Raiser" Norman Hsu Skips Out On $2M Bail
SWEETNESS AND LIGHT BLOG
By SG on Media Bias

From an understanding Associated Press:

Wednesday, September 5, 2007

(09-05) Redwood City, Calif. (AP) — A top Democratic fundraiser whose criminal past has roiled the campaigns of top presidential candidates failed to appear Wednesday for a bail hearing and a judge issued a new warrant for his arrest.

Norman Hsu, who had been a fugitive for more than 15 years, forfeits the $2 million bail he posted last week. His attorney said Wednesday he didn't know where his client was.

Hsu pleaded no contest in 1991 to a felony count of grand theft, admitting he'd defrauded investors of $1 million in a bogus investment scam. He was facing up to three years in prison when he skipped town before his 1992 sentencing date, Deputy Attorney General Ronald Smetana said last week.

During a hearing last Friday, Judge H. James Ellis ordered Hsu handcuffed and jailed until he could post $2 million bail, which he did after spending about five hours behind bars. The judge declined Hsu's request to immediately reduce the bail by half, instead scheduling Wednesday's hearing to consider the request…

This is getting good.

Let's see our watchdog media try to ignore the story now.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext