New York Official Says Prosecutors To Unseal Indictment Against Norma Hsu

There are more troubles facing Democratic fundraiser Norman Hsu (shoo).

A law enforcement official in New York says federal prosecutors plan to unseal an indictment charging Hsu with creating a $60 million "Ponzi" scheme and violating campaign finance laws.

An official familiar with the investigation told The Associated Press on condition of anonymity that charges are to be announced at a 1 p.m. news conference in New York.

Meanwhile, the district attorney for Mesa County, Colorado says he expects San Mateo County authorities to arrive today to escort Hsu back after he agreed yesterday to be extradited without a legal fight.

But a spokeswoman for the San Mateo County sheriff's office isn't saying when Hsu would be returned.

Hsu was arrested in Grand Junction, Colorado earlier this month after he failed to show up for a court appearance in Redwood City in connection with a 1991 grand theft case.

Hsu's fall from grace comes after he had raised hundreds of thousands of dollars for Democratic presidential candidate Hillary Rodham Clinton and others.


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