Dem fundraiser arrested in alleged fraud

UPI reports:

A former fundraiser for Hillary Clinton and President Barack Obama was charged in New York Tuesday with trying to defraud Citibank.

The U.S. attorney's office in Manhattan said Hassan Nemazee, chairman and chief operating officer of Nemazee Capital Corp., was arrested Tuesday morning. He is charged in an alleged fraudulent scheme to induce Citibank to lend him up to $74 million based on false claims he owned millions in collateral.

Imagine that.