Disgraced Dem donor Hassan Nemazee pleads guilty to $292M fraud
Disgraced Democratic donor Hassan Nemazee has just six more weeks of freedom after pleading guilty this afternoon to a $292 million bank-fraud scheme that prosecutors say could send him to prison for nearly 20 years.
The Harvard-educated con man begged to remain free on bond until his June 30 sentencing so he can spend time with his wife and family before being tossed in slammer.
"I have never intended to flee. I've had ample opportunity," Nemazee, 60, said in Manhattan federal court.
Defense lawyer Paul Schectman also argued that "there really is nothing to run with," adding that Nemazee hadn't paid him a nickel beyond his original retainer and was living "very modestly" -- albeit in a plush Park Avenue apartment -- on handouts from friends and relatives.
But Judge Sidney Stein ordered the fallen fund-raiser -- who was national finance chairman for Hillary Clinton's 2008 presidential campaign -- to surrender on April 30, citing his history of international travel and the possibility he may have stashed "tens of millions" in missing loot overseas.
http://www.nypost.com/p/news/local/disgraced_dem_donor_hassan_nemazee_84nA0EDpWgiYLhbJiDF80M
Another democrat crook going to jail, I am shocked.
Disgraced Democratic donor Hassan Nemazee has just six more weeks of freedom after pleading guilty this afternoon to a $292 million bank-fraud scheme that prosecutors say could send him to prison for nearly 20 years.
The Harvard-educated con man begged to remain free on bond until his June 30 sentencing so he can spend time with his wife and family before being tossed in slammer.
"I have never intended to flee. I've had ample opportunity," Nemazee, 60, said in Manhattan federal court.
Defense lawyer Paul Schectman also argued that "there really is nothing to run with," adding that Nemazee hadn't paid him a nickel beyond his original retainer and was living "very modestly" -- albeit in a plush Park Avenue apartment -- on handouts from friends and relatives.
But Judge Sidney Stein ordered the fallen fund-raiser -- who was national finance chairman for Hillary Clinton's 2008 presidential campaign -- to surrender on April 30, citing his history of international travel and the possibility he may have stashed "tens of millions" in missing loot overseas.
http://www.nypost.com/p/news/local/disgraced_dem_donor_hassan_nemazee_84nA0EDpWgiYLhbJiDF80M
Another democrat crook going to jail, I am shocked.