« Nasdaq Has Worst Day Since September 2001 | Main | Separated At Birth? »
Norman Hsu Gets Three Years On Old California Charges
Fitting (if perhaps a bit lenient), given that it was an agreed-upon three year prison sentence that Hsu skipped out on when he went missing in the early 1990s.
A judge on Friday sentenced disgraced political donor Norman Hsu to three years in state prison after rejecting the one-time Democratic rainmaker's bid to throw out a 16-year-old fraud conviction.
The court didn't buy Hsu's legal team's absolutely stupefying argument that his right to a speedy trial had been violated by insufficient efforts to hunt down the globe-trotting fugitive (the previously mentioned "Sixth Amendment-wrapped turd of a premise").
The crime underlying this re-sentencing is wholly unrelated to the 15-count federal indictment against Hsu related to his alleged swindling of $60 million out of bicoastal investors during the present decade and the suspected use of those funds to illegally line the pockets of Hillary Clinton and some 80+ other prominent Democratic politicians.
Ten weeks ago, this sentencing was unexpectedly delayed (until just after the first-in-the-nation political contest) to allow Hsu time to "research" what was expected to be a possible plea deal. I have an idea of the ace Hsu is pocketing, but it appears either California prosecutors were unimpressed with the information he proferred or he's saving it to play it for the feds (perhaps depending on whether the primaries play out in such a way that he feels he can and/or needs to make such a deal).
Handcrafted by Flip on January 4, 2008 |
TrackBack
TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c572653ef00e54fc03f708833
Listed below are links to weblogs that reference Norman Hsu Gets Three Years On Old California Charges:
» Friday (late) fly-by from J's Cafe Nette
Remember Norman Hsu? He was sentenced today in a California Court:
REDWOOD CITY, Calif. (AP) - Disgraced political donor Norman Hsu was sentenced Friday to three years in prison after a judge rejected his bid to throw out a 16-year- old fraud convicti... [Read More]
Tracked on Jan 4, 2008 6:33:11 PM
