Hsu pleaded no contest in 1991 to a felony count of grand theft, admitting he'd defrauded investors of $1 million after falsely claiming to have contracts to purchase and sell Latex gloves. He was facing up to three years in prison when he skipped town before his 1992 sentencing date.Prosecutors said they suspected Hsu fled the country then. But a few years ago, Hsu re-emerged in New York as an apparel executive and a wealthy benefactor of Democratic causes and candidates. They included presidential contenders Barack Obama and Hillary Rodham Clinton, whose campaign designated Hsu a "HillRaiser" — a title given to top donors.
[...]
Last week, Hsu said he thought the criminal charges had been taken care of when he completed his bankruptcy proceedings in the early 1990s.
"I have not sought to evade any of my obligations and certainly not the law," Hsu said in a prepared statement.
That was then. This is now.
[Hsu] failed to show up for a court date Wednesday and a judge issued a new warrant for his arrest.Hsu [...] was scheduled to ask a judge to cut in half the $2 million bail he posted last week when he turned himself in after spending 15 years on the lam from a felony theft conviction.
[...]
Hsu, a Hong Kong native, was also supposed to turn over his passport Wednesday. Hsu's prominent Silicon Valley criminal defense attorney Jim Brosnahan said Hsu failed to give the passport to the legal team on Monday.
Yep, I'm guessing the old Hillraiser has gone to ground back in Hong Kong.
What I'm wondering is why was Hillary's campaign still taking money from the man, considering his 1991 conviction? Doesn't seem smart.
I bet this is one photo op she'd like to take back.
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