Political Power, Money, and Fraud

Powerful political figures were not immune to Hassan Nemazee’s con game. Former National Finance Chairman with Hillary Clinton’s and John Kerry’s presidential campaigns, and fundraiser for Barack Obama, Mr. Nemazee created a web of fraud and deception resulting in the accusation that he stole $290 million. It’s not easy maintaining a lavish lifestyle and properties in Italy and New York. But somehow, he even donated some of his fraudulent profits to his favorite political campaigns. Investment News has the full story here. http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20090922/FREE/909229994/1094/INDaily01

September 23, 2009 In: Uncategorized Comments (None)