The prosecutor asked for $50 million after being told that Orange County’s ready to file new charges accusing Hsu of running yet another Ponzi scheme, this one to the tune of $33 million in assets. The judge’s response, and I quote:
“Two million wasn’t enough to keep Mr. Hsu from running. We’ll see if $5 million will do it.”
“Let’s try it and see what happens” — always a good maxim when dealing with criminals. The punchline is that, according to the prosecutor, the cops found a checkbook on him with a cool six mil in the account. Your exit question, per Captain Ed: How impossibly shady is it for someone to keep six million dollars in a checking account?