A federal grand jury on Tuesday indicted Democratic fund-raiser Norman Hsu, a former men's sportswear executive, on charges of duping investors of at least $20 million in a Ponzi scheme and using some of the money to make illegal contributions to presidential candidates.
The 15-count indictment, which was unsealed in U.S. District Court in Manhattan, charged Hsu with six counts of wire fraud, six counts of mail fraud and three counts of violating federal campaign finance laws.
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