Hsu’s “Companies” Don’t Hold Up to Scrutiny

by Stephan Tawney on September 5, 2007

H/t Bryan. Philip Klein decided to look into those “companies” Hsu listed at the time his donations were made. Not surprisingly, they don’t exactly hold up:

In campaign finance reports, Hsu’s companies are listed as: Next Components Ltd., Cool Planets Ltd., Because Men’s Clothes, and Dilini Management. But none of the companies have online footprints or appear in fashion industry directories that I have searched. The only official recognition of any of these companies that I have found is Next Components, in the form of a filing for a certificate of corporation with the New York Department of State, Division of Corporations — but even that doesn’t hold up to closer scrutiny. The filing was from May 6, 2005, and when I called the Division of Corporations, a representative there told me that the filing needed to be renewed every two years for a fee of $9, but Next Components never responded to the renewal notice.

The filing lists 561 Seventh Ave., Suite 1301 as the address for Next Components, but I called Handro Properties, the management company that runs the building, and was told that not only have they never heard of Next Components, but “Suite 1301″ doesn’t even exist.

Another address Hsu listed as a company’s base, is actually that of the Mid-Manhattan Library. Hsu continues to be missing. I’m pretty sure it’s safe to say he didn’t get stuck in traffic…

And so the question grows even more important: As these companies are fakes, where did Hsu get the over $1.6 million he donated to Democrats over the years?

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