Breaking: "Hillraiser" Norman Hsu is a fugitive Update: Hillary, other Dems to give away Hsu's campaign cash

Well. One of Hillary Clinton’s biggest supporters, the same one who turned up in a weird fundraising story yesterday, is officially a fugitive swindler.

The Los Angeles Times will report on this website later tonight and in Wednesday’s print editions that a major Democratic Party fundraiser named Norman Hsu is wanted by authorities for skipping out on an agreement to serve up to three years in prison after pleading no contest to grand theft swindling charges.

In an exclusive story by Chuck Neubauer and Robin Fields, The Times will report that for three years Hsu has been carving out a place of political and financial influence by funneling hundreds of thousands of dollars in campaign contributions into Democratic Party coffers, much of the money earmarked for Sen. Hillary Clinton. He has earned the ranking of Hillraiser for pledging to raise at least $100,000 for her.

He has given to several big-name Democrats, including presidential candidates Barack Obama and Joe Biden. Swimmer Kennedy, too.

“He is a fugitive,” said Ronald Smetana of the California attorney general’s office. “Do you know where he is?”

Perhaps he’s in China where the rest of the Clintons’ 1996 pals fled to.

Update: Sweetness & Light has the LA Times story.

Update (AP): Radioactive! Now, what about the Paws’ money?

Democratic presidential candidate Hillary Rodham Clinton will give to charity the $23,000 in donations that she has received from a fundraiser who is wanted in California for failing to appear for sentencing on a 1991 grand theft charge…

Al Franken, a Senate candidate in Minnesota, Rep. Michael Honda of California and Rep. Joe Sestak of Pennsylvania said they would divest their campaigns of Hsu’s donations…

In a statement Wednesday, Hsu said:

“I believe I properly resolved all of the legal issues related to my bankruptcy in the early 1990s. Therefore, I was surprised to learn that there appears to be an outstanding warrant — as demonstrated by the fact that I have and do live a public life. I have not sought to evade any of my obligations and certainly not the law.”