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Hassan Nemazee

U.S. charges Obama fund-raiser in $290 million fraud

NEW YORK (Reuters) - Hassan Nemazee, a fund-raiser for Barack Obama, Hillary Clinton and other Democrats, has been indicted for defrauding Bank of America, HSBC and Citigroup Inc out of more than $290 million in loan proceeds, U.S. prosecutors said on Monday.

The announcement follows last month's indictment of Nemazee, head of a private equity firm and an Iranian American Political Action Committee board member, on one count of defrauding Citigroup's Citibank.

The new indictment adds allegations that he defrauded two other banks, Bank of America and HSBC Bank USA, in a similar fashion by falsifying documents and signatures to purportedly show he had hundreds of millions worth of collateral >>>

from shoosh
22-Sep-2009
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MRX1

he should have rounded up

by MRX1 on Tue Sep 22, 2009 02:15 PM PDT

what's with 290 mil, he should have made it 300 mil and done with it.


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irannostalgia.com

Sad obsession with Status

by irannostalgia.com on Tue Sep 22, 2009 12:59 PM PDT

This type of person is obsessed with Status. They do the ugliest things, just to look as if they are wealthy and hip and powerful. They have a superficial status oriented personality. Unfortunately I've came across Status-freaks in my personal life. Horrendous.

 These days it is so difficult to earn 4 cents after tax legally, that when you read a guy like this suddenly has $290 million in his account it is correct to presume he is guilty. The worst is that he has already had his fun for ten years. Now at 60 he probaly doesnt care, he'll just relax in jale the few years of life he has left. 

 

//www.irannostalgia.com

irannostalgia.com

 


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