Democratic Fundraiser Accused of Fraud

Once a prominent investor and fundraiser for the Democratic Party with ties to Barack Obama and Hillary Clinton, Hassan Nemazee has now been accused of lying about his assets in order to secure a $74 million loan from Citibank. According to the federal complaint filed against him, Nemazee forged documents that tried to depict that he owned accounts with several million dollars worth of collateral.
 
Nemazee was a national finance chairman for Mrs. Clinton and has also maintained ties to a variety of prominent political figures by inviting them to his Park Avenue home. Now, though, he faces one charge of …read more