Hassan Nemazee, who was a fundraiser for Hillary Clinton and one of the top “bundlers” for Barack Obama’s presidential campaign, has been indicted for allegedly defrauding Bank of America, HSBC and Citigroup out of $290 million dollars in loan proceeds.

He’s also a board member of the Iranian American Political Action Committee.

So…I guess the way it works now is that IAPAC buys influence with Democrat politicians using money stolen from American banks? Niiiiiice.

U.S. charges Obama fund-raiser in $290 million fraud