Wednesday, August 26, 2009
Associated Press,
Associated Press,
Democratic Fundraiser, Hassan Nemazee, Charged With Fraud
NEW YORK, Aug. 25 -- A wealthy investment banker and prominent fundraiser for President Obama, Hillary Rodham Clinton and other top Democrats was arrested Tuesday on charges that he lied to get a $74 million business loan.
Prosecutors accused Hassan Nemazee of giving Citibank "fraudulent and forged" documents showing that he owned millions of dollars in collateral. A criminal complaint also accuses Nemazee of providing false verifying information for financial institutions, including a phone number that actually belonged to him.
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Posted by Editor on 08/26/09 at 06:39 AM •
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