Norman Hsu, former fundraiser for Hillary Clinton and other democrats, has plead guilty to 10 counts of wire and mail fraud

The 58-year-old Hsu (CHOO’) was indicted in 2007 on charges of cheating investors of at least $20 million in what prosecutors say was a huge Ponzi scheme. He had been scheduled to go on trial Monday.

The government also says he made illegal donations to politicians including Hillary Clinton. Her Senate campaign later returned money linked to him.