Fugitive Democratic fundraiser Norman Hsu has surrendered to authorities, reports Paul Elias for the Associated Press:
A top Democratic fundraiser whose criminal past has roiled the campaigns of top presidential candidates turned himself in Friday in California, where he had been a fugitive for more than 15 years.
Judge H. James Ellis ordered Norman Hsu handcuffed and jailed on $2 million bail. The judge declined Hsu’s request to immediately reduce the bail by half, instead scheduling a Sept. 5 hearing to consider the request.
Hsu pleaded no contest in 1991 to a felony count of grand theft, admitting he’d defrauded investors of $1 million in a bogus investment scam. He was facing up to three years in prison when he skipped town before his 1992 sentencing date, Deputy Attorney General Ronald Smetana said outside court.
Read the whole story at the link above. Given that all his business ventures have been dead ends, perhaps now he can explain where all the money he’s given to Democrats like Hillary, Obama, Boxer, and Ed Rendell came from.