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Business News
10/7/2008 6:42:52 AM EST
SEC sues Democrat fundraiser for alleged $60M scam
SAN FRANCISCO – (AP) Federal regulators on Monday sued political fundraiser Norman Hsu for allegedly operating a $60 million investment scam and using some proceeds to contribute to Sen. Hillary Rodham Clinton and other prominent Democrats.
 
The Securities and Exchange Commission filed a lawsuit in U.S. District Court in Los Angeles that accuses Hsu . . . .
 
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