Theodore's World: Fundraiser for Clinton and Obama Arrested on Fraud Charges

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August 27, 2009

Fundraiser for Clinton and Obama Arrested on Fraud Charges

Iranian-American Investment Banker Namazee is a millionaire Iranian-American investment banker and democratic fund-raiser. He was the Finance Chairman for Hillary Clinton's 2008 presidential campaign and heavy contributor to Barack Obama. Nemazee was also nominated by President Clinton to be the Ambassador of Argentina. Namazee, along with Brzezinski, was at the secretive meeting in February 2008 with President Assad.

Fundraiser for Clinton and Obama Arrested on Fraud Charges

Prosecutors accuse prominent Democratic fundraiser Hassan Nemazee of giving Citibank fraudulent documents showing he owned millions of dollars in collateral.

FOX News


A wealthy investment banker and prominent fundraiser for President Barack Obama, Hillary Clinton and other top Democrats was arrested Tuesday on charges he lied to get a $74 million business loan that -- once confronted by authorities-- he hastily repaid.

Prosecutors accused Hassan Nemazee of giving Citibank documents showing he owned millions of dollars in collateral. They said the documents were "fraudulent and forged."

At a brief appearance in federal court in Manhattan on Tuesday, a judge ordered a haggard-looking Nemazee locked up for the night. His attorney won assurances from prosecutors that he would be fitted with an electronic monitoring device and put under house arrest on Wednesday as part of a $25 million bail package secured by property including a $20 million Park Avenue apartment.

The attorney, Marc Mukasey, had argued that Nemazee should be released immediately after agreeing to "the most onerous bail package I've ever heard of." Instead, his client, wearing a wrinkled pink dress shirt, was led out of the courtroom to jail.

A Clinton spokesman didn't immediately return an e-mail message seeking comment.

The chairman and chief executive of Manhattan-based Nemazee Capital Corp. served as national finance chairman for Hillary Clinton's presidential campaign in 2008, and later raised money for Obama after her primary defeat. He also was Sen. John Kerry's finance chairman in New York for his 2004 bid for president.

In 1999, President Bill Clinton nominated him to be U.S. ambassador to Argentina but his nomination was never confirmed.

A criminal complaint alleges that Nemazee gave the bank documents detailing assets that "never existed or had previously existed" in accounts that had been closed years earlier. It also accuses him of providing false verifying information for financial institutions, including a phone number that actually belonged to him.

Prosecutors said FBI agents had stopped the 59-year-old financier on Sunday at Newark Liberty International Airport as he prepared to board a flight to Rome. They said he paid off the $74 million loan the next day.

His attorney said Tuesday that family members were headed home from Europe, where they had been vacationing.

Nemazee, who did not enter a plea or speak at the court hearing, faces up to 30 years in prison plus a fine if convicted.

According to Nemazee's Web site, his firm was founded in 1987, and invests in health care, insurance, real estate and other areas. The Harvard graduate "has more than 30 years of successful investing experience across numerous sectors," it says.

George Soros and Hassan Nemazee

CLICK HERE TO SEE THE MAP......pretty amazing.

You can also run your mouse over each name of move the smalll boxes around to read more of them.


Wild Thing's comment.........

It doesn't surprise me that the donors to the biggest frauds ever to hold office should themselves be fraudulent. I am glad they are going after this guy. It would be wonderful if someone would go after George Soros.

I suppose Eric Holder to drop the charges in three... two... one...


....Thank you Darth for sending this to me.

U.S. Airforce
C-5 loadmaster

Posted by Wild Thing at August 27, 2009 05:45 AM


Why am I NOT surprised? The Clintons were criminals themselves.

Posted by: Lynn at August 27, 2009 08:19 AM

It may take some doing but the chickens are coming home to roost. Eventually bill and hillary are going to face criminal charges that even obambozo an shitstain holder won't be able to cover.

Posted by: Glenn Cassel AMH1(AW) USN RET at August 27, 2009 08:59 AM

Good catch, thanks Chrissie and Darth.

Remember it's not a crime for Democrats or their supporters for any transgression. Remember also that Democrat power and influence can absolve even a murder charge, just ask Ted Kennedy, oops he can't answer now. How about any Kennedy or that Kennedy like Kerry? I hope you are right Glenn.

Posted by: Jack at August 27, 2009 10:43 AM

Biographies of Democrats are more like police rap sheets. The Democrat Party is like a mafia family. Criminals seem to do well and prosper and advance in the Democrat Party. Almost any elected Democrat is like a crime magnet.

Posted by: TomR at August 27, 2009 11:48 AM

Amazing how when you pull one lose thread the wholed thing come apart. Soros involved, surprise surprise.

Posted by: Mark at August 27, 2009 01:40 PM

The Obama DOJ drop charges against Black Panthers in Philly afterconviction for voter intemidation, they drop the investigation into Bill Richardson in Mew Mexico. The Chicago way is not to be such good crooks that they don't get caught but to eliminate any police that don't look the other way. That will take a couple of years but I can't imagine any friends of Obama's going to jail as long as the mafia is in the Whitehouuse.

Posted by: Avitar at August 28, 2009 09:35 AM