Hsu had expensive wine, Clinton sax

Oct. 11, 2007 at 6:23 PM
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NEW YORK, Oct. 11 (UPI) -- More than 180 bottles of wine and a Bill Clinton-signed saxophone were seized from the New York apartment of fundraiser Norman Hsu, federal authorities said.

Hsu -- who raised more than $1.2 million for Sen. Hillary Clinton, D-N.Y., and other Democratic candidates over the past three years -- was keeping the pricey wine collection, the musical instrument and other expensive items at his apartment, The Los Angeles Times reported Thursday. The sax was believed to have been autographed by former President Clinton, the newspaper said.

The items were taken during a search following the disclosure that Hsu, a Hong Kong native, was wanted in connection with a 1991 theft case. He has been charged with leading a $60-million Ponzi scheme and violating election laws by paying associates to make donations in their names.

Hsu's wine collection, which includes bottles of Chateau Lafite Rothschild and vintage Cristal champagne, has been valued by wine experts at up to $100,000.

"I wish I had this collection," said Robert Yetman, a wine-industry consultant and professor at the University of California, Davis, Graduate School of Management. "It's a little showy, but nice."

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