A prominent Democratic fundraiser who served as a national finance chairman of Hillary Clinton’s presidential campaign has been accused in an alleged $74m scheme to defraud Citigroup. Hassan Nemazee was accused of using false documents to secure a loan of $74m from Citi. On Monday, prosecutors said, he repaid the loan. Nemazee is chairman and chief executive of self-described investment compoany Nemazee Capital.

This entry was posted by Gwen Robinson on Wednesday, August 26th, 2009 at 4:31 and is filed under People. Tagged with citi. Edit this entry.