Big Democrat Donor Hsu Indicted

This is bigger than the Abramoff scandal of 2006,

Norman Hsu, a purported clothing magnate who became a top Democratic donor, was indicted by a federal grand jury on charges of running a fraudulent investment scheme and using some of the proceeds to make political contributions.

The 15-count indictment formalized a case brought by the U.S. Attorney for the Southern District of New York. The government alleges that Mr. Hsu conducted “a massive scheme that defrauded investors across the United States” of tens of millions of dollars. He also was charged with violating federal campaign-finance laws by making contributions to various political candidates in the names of others.

Suitably Flip has done a fantastic job chronicling this big scandal, which plagues many Democrats who have received Hsu-connected cash.