Friday, September 7, 2007

Disgraced Democratic Donor Norman Hsu Arrested in Colorado

How do I escape thee, oh justice? Let me count the ways, Hus-style.

The Democratic fundraiser, whose antics are now a huge source of embarrassment for Democratic front-runners, first was arrested 15 years ago for conning people out of $1 million in investments. Once he pled "no contest," he went on the lam--to California.

There he rebuilt his life, living large for 15 years and becoming an active and popular Democratic fund-raiser and supporter. When his past came to light, the candidates bailed out of Hsu's goodie basket, vowing to give back hit large donations or give it to charity.

When Hsu went to court again, the judge let him go, with his passport, on a bail bond of $2 million. When Hsu was due to turn up in court--he'd vanished again.

Back in custody, Hsu is now out the $2 million bail.

Disgraced Democratic fundraiser Norman Hsu was arrested in Colorado late Thursday after he failed to show up for a court appearance related to a felony theft conviction.

FBI agents took Hsu into custody at St. Mary's Hospital in Grand Junction, Colo., said FBI spokesman Joseph Schadler.

Hsu had been scheduled to appear in court Wednesday to turn over his passport and ask a judge to cut in half the $2 million bail he posted last week when he turned himself in after spending 15 years on the lam from a felony theft conviction.

Instead, Hsu failed to show up at the bail reduction hearing and a judge issued a new arrest warrant for him.

California Attorney General spokesman Gareth Lacy said Hsu's lawyers told prosecutors Hsu arrived by charter jet at the Oakland airport about 5:30 a.m. Wednesday local time and then wasn't heard from again.

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