NEW YORK - A federal grand jury yesterday indicted a top Democratic fund-raiser accused of cheating investors of at least $20 million and using some of the money for illegal donations to political candidates such as Hillary Clinton. In the 15-count indictment, the government accused Norman Hsu, a 56-year-old clothing industry entrepreneur, of duping investors nationwide with a massive Ponzi scheme. The government said Hsu also violated federal campaign-finance laws by making contributions to various political candidates in the names of others. (AP)
Washington, D.C.
Former Senate aide arrested in sex sting
A former aide to Senator Maria Cantwell is in federal custody after being arrested on a charge of attempting to sexually exploit a minor. James Michael McHaney was fired Friday from his job as a scheduler for Cantwell, Democrat of Washington, hours after he was arrested by FBI agents. The FBI said in a charging document that McHaney allegedly tried to set up a meeting with an undercover witness posing online as a teenage male. (AP)US slumps in global education review
US students are lagging behind their peers in other countries in science and math, test results out yesterday show. The test, the Program for International Student Assessment, was given to 15-year-olds in 30 industrialized countries last year. It focused on science but also included a math portion. The 30 countries make up the Organization for Economic Cooperation and Development, which runs the international test. The average scores for US students were lower than the average scores for the group as a whole. US students also had an average science score that was lower than the average score in 16 other OECD countries. In math, US students did even worse, posting an average score that was lower than the average in 23 of the other leading industrialized countries. (AP)
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