Remember Norman Hsu? His name was everywhere during the early portions of the Democratic primary season, primarily because he helped Hillary Clinton get beaucoup bucks. (Obama, Biden, and Bill Richardson also received funds from Mr. Hsu.) Once he got indicted, though, and after all the candidates had distanced themselves as much as possible, he largely disappeared from mainstream view.
Today, he’s back in the spotlight as, according to Bloomberg and others, he pleaded guilty to ten counts of mail and wire fraud in the Southern District of New York. When he was indicted in 2007, he was charged with six counts each of mail and wire fraud, and three counts of campaign finance fraud. What isn’t immediately clear is what will happen with the remaining counts.
Update: Okay, there is an updated Bloomberg article now. Looks like there was no plea deal, which is unsurprising as it would be rather surprising given that Mr. Hsu pleaded guilty to ten counts. Also, it looks like he will continue to trial on the campaign finance fraud charges.
