A fundraiser for Hillary Clinton and Barack Obama was indicted by a grand jury yesterday on fraud-related charges, according to this report.
The financier was one of the leading fundraisers for the Democratic Party. In the 2008 presidential campaign, Nemazee raised at least $100,000 for Clinton, according to the Washington watchdog group Public Citizen. Nemazee brought in at least $500,000 for Obama after he defeated Clinton in the primary campaign, according to Public Citizen. Clinton is now secretary of state.
Nemazee also raised money for Massachusetts Democratic Senator John Kerry during his 2004 run for the presidency as well as for Senate Democrats.