NEW YORK — A federal grand jury on Tuesday indicted a top Democratic fundraiser accused of cheating investors of at least $20 million and using some of the money for illegal donations to political candidates such as Hillary Rodham Clinton.
In the 15-count indictment, the government accused Norman Hsu, a 56-year-old clothing-industry entrepreneur, of duping investors nationwide with a massive Ponzi scheme.
The government said Hsu also violated federal campaign-finance laws by making contributions to various political candidates in the names of others. A message left with a lawyer for Hsu was not returned.
Hsu fled prosecution in California in September but was quickly recaptured after acting erratically on an eastbound Amtrak train. He was jailed in Grand Junction before being returned to California.
The Associated Press
