This is too juicy! I couldn’t pass up posting on it. My interest in immigrant-perpetrated fraud and the fact that we resettle thousands of Iranian refugees each year drew my attention to this breaking story this morning. Hat tip: Blulitespecial.
NEW YORK (Reuters) – Hassan Nemazee, a fund-raiser for Barack Obama, Hillary Clinton and other Democrats, has been indicted for defrauding Bank of America, HSBC and Citigroup Inc out of more than $290 million in loan proceeds, U.S. prosecutors said on Monday.
The announcement follows last month’s indictment of Nemazee, head of a private equity firm and an Iranian American Political Action Committee board member, on one count of defrauding Citigroup’s Citibank.
The new indictment adds allegations that he defrauded two other banks, Bank of America and HSBC Bank USA, in a similar fashion by falsifying documents and signatures to purportedly show he had hundreds of millions worth of collateral.
The office of the U.S. Attorney in Manhattan and the FBI said he used the proceeds of his scheme to make donations to election campaigns of federal, state and local candidates, donations to political action committees and charities.
I guess it’s really a stretch for me to be writing about this at RRW because this wikipedia article tells us Hassan Nemazee was actually born in the US. But, it gives me an opportunity to remind readers that Iran supplies us with thousands and thousands of refugees each year giving influence peddlers like Nemazee lots of potential to grow his Iranian-American political action committee.
From 1983-2005 we resettled 63,979 Iranians—-all to be potentially courted by the Democratic party with the help of Nemazee. Who knows how many other Iranians come through other immigration programs!
2009: 4,909 (so far)
More links to questionable connections here at Gateway Pundit.