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Hsu charged with Ponzi scheme (MSNBC)
Federal prosecutors unsealed a criminal complaint Thursday charging Democratic fundraiser Norman Hsu with breaking campaign finance laws and creating a ?massive? Ponzi scheme.[!]

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"Wealth, Greed, Politics And Ponzi Schemes"
Today’s schemes are often considerably more sophisticated than Ponzi’s, although the underlying formula is quite similar and the principle behind every Ponzi scheme is to exploit lapses in judgment arising from an investor’s lack of …

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Democratic Fundraiser Charged with Bilking $60 Million
Norman Hsu, the Democratic fundraiser with the habit of fleeing the law, was charged today with bilking at least $60 million from investors in a nationwide Ponzi scheme.

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Description: Hsu charged with Ponzi scheme (MSNBC) Federal prosecutors unsealed a criminal complaint Thursday charging Democratic fundraiser Norman Hsu with breaking campaign finance laws and creating a ?massive?

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