And he’s still got his passport! I’m simply woozy at the thought of how awesome this scandal may yet prove to be:

California businessman Norman Hsu, a former New York apparel executive and major contributor to Democratic candidates and causes, failed to appear for a bail reduction hearing Wednesday, leading to speculation that he again is a fugitive from the law, FOX News has learned.

Hsu’s attorneys say they do not know his whereabouts, and that their client did not surrender his passport.

Maybe he’s stuck in traffic? Could we really be so lucky as to have one of Hillary’s, and the Democrats’, top donors turn this glowingly radioactive? Stand by for giddy schadenfreudean updates!

Update: Arrest warrant issued.

“We do not know where he is as of this moment,” Hsu’s attorney James Brosnahan informed the judge. Foiles had earlier stated that his office had received a call that Hsu was going to be “approximately 10 minutes late,” Foiles said…

“There was some contact (with Hsu) a few hours ago,” Brosnahan said outside the courtroom, though he would not elaborate other than to say he was “not sure” where Hsu was when they spoke.

Update: Like Riehl says, he went to Hong Kong the first time he had legal troubles in the U.S. That’s the first place they’re looking now, I’m sure.

Update: Awesome: “On Monday, Mr. Hsu was required to turn his passport over to the court, but he told court officials that he had not been able to find it then. Mr. Brosnahan said they were hoping Mr. Hsu would bring it to court with him today.”

Update (Bryan): Hsu’s corporate shells are dropping left and right.

In campaign finance reports, Hsu’s companies are listed as: Next Components Ltd., Cool Planets Ltd., Because Men’s Clothes, and Dilini Management. But none of the companies have online footprints or appear in fashion industry directories that I have searched. The only official recognition of any of these companies that I have found is Next Components, in the form of a filing for a certificate of corporation with the New York Department of State, Division of Corporations — but even that doesn’t hold up to closer scrutiny. The filing was from May 6, 2005, and when I called the Division of Corporations, a representative there told me that the filing needed to be renewed every two years for a fee of $9, but Next Components never responded to the renewal notice.

The filing lists 561 Seventh Ave., Suite 1301 as the address for Next Components, but I called Handro Properties, the management company that runs the building, and was told that not only have they never heard of Next Components, but “Suite 1301” doesn’t even exist.

As I reported yesterday, it turns out that an address Hsu listed in his campaign finance filings—455 Fifth Ave.—is the site of the Mid-Manhattan Library.

There’s more at the link. Nothing about this guy checks out.

And where did all the money come from?

Update: A day after insisting that he’d keep Hsu’s money, Patches Kennedy jumps overboard with the rest of the Dems.