Tuesday, August 25, 2009

Prominent Democrat Fundraiser Arrested

Media outlets are reporting that Hassan Nemazee, chairman of Nemazee Capital Corporation, was arrested at the Newark International Airport attempting to board a flight to Rome. He is charged with attempting to defraud Citigroup of nearly $75 million. But most press reports are glossing over Nemazee’s political connections. Like criminals R. Allen Stanford and Bernie Madoff, Nemazee is a major Democrat Party fundraiser.

In 2006, Nemazee served as the national finance director for the Democrat Senatorial Campaign Committee. Last year, he raised at least $100,000 for Hillary Clinton’s presidential campaign, and after the primary, he raised half a million dollars for Barack Obama. In recent years, Nemazee has personally given more than $850,000 to various congressional Democrats, including Senate Democrat Leader Harry Reid.
Source: (garybauer@cwfpac.com)

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