September 9, 2007

STRANGE BUT HSU: The Norman Hsu scandal just gets weirder.

Meanwhile, in the New York Times, more questions about the money:

At the center of the ever-deepening mystery of Norman Hsu, the fugitive fund-raiser who was captured after a brief flight from the law last week, is the question of how he evolved from a bankrupt swindler in 1992 to a wealthy donor to many Democratic candidates, and a bundler of campaign contributions to Senator Hillary Rodham Clinton in 2007. . . .

The records show that Components Ltd., a company controlled by Mr. Hsu that has no obvious business purpose and appears to exist only on paper, has paid a total of more than $100,000 to at least nine people who made campaign contributions to Mrs. Clinton and others through Mr. Hsu. The payments occurred in the spring of 2003, several months before Mr. Hsu emerged as a contributor to Democrats and more than a year before he started bundling checks from those same people for various campaigns. In all, he has raised more than $1 million for Democrats. . . . Since Mr. Hsu’s fall from grace, efforts to learn more about the nature of his business and the source of his wealth have led mostly to dead ends.

Read the whole thing. And there’s more here.

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