the Democratic Senatorial Campaign Committee. With Nemazee as the national finance chair, Chuck Schumer's DSCC in 2006 raised $115 million, outpacing the NRSC by substantial sums, and helping the Democratic Party take control of the Senate. During his presidency, Bill Clinton nominated Nemazee to fill the position of U.S. Ambassador to Argentina. Due to Congressional concerns about Nemazee's convoluted and controversial business dealings, the nomination was subsequently withdrawn More recently, Nemazee served as Finance Chairman to Hillary Clinton's 2007-08 presidential campaign, and also donated $50,000 (the maximum amount) to Barack Obama's Presidential Inaugural Committee. In addition, Nemazee was a bundler for the 2009 Presidential Inaugural Committee. Arrest Hassan Nemazee was arrested on August 25, 2009, for allegedly defrauding Citi bank by using false documents to secure a loan. Nemazee's additional frauds exceed $100 million, according to federal prosecutors In July 2010 he was convicted of multiple counts of bank fraud and wire fraud and was sentenced to years in prison by U.S. District Court Judge Sidney H. Stein in the United States District Court for the Southern District of New York in Manhattan. The sentence was lighter than the to years that prosecutors had wanted. Hassan Nemazee was released from prison in February 2019 under the First Step Act. References External links "Rehabilitation in Iran" from the New York Times "Iranian Hospital Center Said To Rival Best In U.S." from the New York Times "U.S.-Type Hospital Dedicated By Shah" from the New York Times "A nod for envoy to Argentina" from Iranian.com "Blue in Your Face: Can the Democrats stay united long enough to take back the Senate? At least it's easier for them to raise money now" from New York Online Magazine "Obama shares fundraisers with Clinton" from USA Today "Clinton, Obama Could Help Each Other Financially" from USA Today "Clinton Asks Top Donors to Meeting With Obama" from the AP "Hassan Nemazee, Nemazee Capital Corporation’s Chairman and CEO Arrested this Morning" from www.BackgroundNow.com . FT Comment. Our ambassador to Paris, Sir Peter Westmacott, soon to be Ambassador in Washington, is married to Susie Nemazee, an Iranian-American. Lady Westmacott is the sister of Hassan Nemazee. New York (state) Democrats American people of Iranian descent American businesspeople Iranian businesspeople American white-collar criminals American political fundraisers Harvard University alumni 1950 births Living people American people convicted of fraud American businesspeople convicted of crimes 20th-century American diplomats