New York investment banker Hassan Nemazee, the former finance chairman of Hillary Clinton's presidential campaign, was arrested and charged with bank fraud on August 25, 2009. Nemazee is the chairman and CEO of Nemazee Capital Corp. According to the Department of Justice, the 59-year-old Nemazee is accused of trying to defraud Citigroup of up to $74 million.http://www.google.com/hostednews/ap/article/ALeqM5iC3CYATP4ke7JDlA0Hkb9nxXZ9tQD9AA2EVG2
References
Fast Facts
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Fact:
Accused of bank fraud involving Citigroup
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Allegedly used bogus documents and information to secure a $74 million loan from Citibank
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Arrested on Tuesday, August 25, 2009
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Faces up to 30 years in prison if convicted
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Attorney
Marc Mukasey, son of U.S. Attorney General Michael Mukasey
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Raised $100,000 for then-presidential canidate Hillary Clinton in 2008
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After the 2008 Democratic primary, raised $500,000 for then-nominee Barack Obama
