A California prosecutor says Hsu pleaded no contest to grand theft, was sentenced to three years in prison and then disappeared, The Los Angeles Times reported Wednesday.
Hsu, an apparel executive who made his first-ever political contribution — to John Kerry — in 2004, is listed as one of the top 20 Democratic fundraisers in the country and is one of Clinton's "HillRaisers" — people who rustle up at least $100,000 for Clinton's campaign, The Wall Street Journal reports.
Hsu, who is described by friends as warm, charming and dapper, told the newspaper this week that his generosity is a byproduct of the enormous success he has had in the U.S.