Lawyer says former Democratic fundraiser Hassan Nemazee to plead guilty in bank fraud case

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Lawyer: Dem fundraiser Nemazee to plead guilty

NEW YORK — A defense lawyer says a former top fundraiser for Hillary Clinton intends to plead guilty in a federal bank fraud case.

The lawyer for Hassan Nemazee told The Associated Press on Thursday that his client would plead guilty at a court hearing in Manhattan scheduled for the early afternoon.

Nemazee was indicted last year on charges that he operated a $292 million Ponzi scheme.

Nemazee is charged with counts of bank fraud and identity theft. His attorney, Paul Shechtman, wouldn’t specify what charges Nemazee would admit in court.

Nemazee was the national finance chairman of Clinton’s 2008 presidential campaign. He also raised money for President Barack Obama.