'Wanted' donor has Democrats scrambling
Aug 30,2007 00:00
NEW YORK - The discovery that a major campaign donor is a wanted man in California has U.S. Democrats scrambling to divest donations he made to them.
The issue centers on Norman Hsu, a Hong Kong-born textiles businessman who moved to the United States when he was 18.
Hsu has raised more than $1 million for the 2008 presidential campaign of Sen. Hillary Clinton, D-N.Y., including donating $23,000 of his own money, making him what is called a "bundler" for the campaign, The Wall Street Journal reported.
Wednesday, the Los Angeles Times reported Hsu had an outstanding bench warrant for failing to appear in a 1991 fraud case.
As the news broke, Clinton's campaign announced it would donate Hsu's $23,000 to charity and look into other donations he bundled, The New York Times reported Thursday.
New Mexico Gov. Bill Richardson, another Democratic presidential candidate, said he would also donate to charity the $37,000 he received from Hsu for his gubernatorial campaign last year.
At least seven other Democrats announced similar plans until Hsu's legal status is sorted out, the Journal said.
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