US

Feds to auction swindler’s Bill Clinton sax

Font Size:

SEPTEMBER 20–Seized from a convicted Ponzi scheme operator who was a major Hillary Clinton fundraiser, a saxophone autographed by Bill Clinton is among the items set to be auctioned, with the proceeds being banked by the U.S. government.

The instrument, seen in these United States Marshals Service (USMS) photos, was formerly the property of Norman Hsu, the swindler who last year pleaded guilty to defrauding investors out of tens of millions of dollars. Hsu, 59, was sentenced to 24 years in prison.

While he was ripping off investors, Hsu, pictured in the above mug shot, was simultaneously making a name as a major Democratic Party donor, bundling more than $850,000 in contributions to Clinton’s 2008 presidential campaign. Clinton returned those donations following Hsu’s arrest in mid-2007.

Full Story: Feds To Auction Swindler’s Bill Clinton Sax | The Smoking Gun