Hillary Clinton’s Finance Chairman Hassan Nemazee Gets 12 Years
By Allan Lengel
ticklethewire.com
A big time Democratic donor and finance chairman of the Hillary Clinton’s 2008 campaign, was sentenced Thursday in federal court in Manhattan to 12 years in prison, the Justice Department announced.
Hassan Nemazee, 60, was sentenced for stealing nearly $300 million from three banks in what authorities described as a Ponzi scheme.
The New York Daily News reported that U.S. District Judge Sidney Stein went below the minimum recommended sentence of 15 ½ years because Nemazee had “good attributes”.
“You’ve done a lot of good in your life,” Stein said, according to the Daily News. “You’ve been extremely charitable, even before this fraud.”
To read more click here.
Posted: 7/15/10 at 4:34 PM under News Story.
Tags: $300 Million, banks, Chairman, Hassan Nemazee, Hillary Clinton, prison
Write a comment
You need to login to post comments!