Democratic fundraiser, fugitive and possible swindler Norman Hsu will not be fleeing this time; Hsu has been ordered to be held without bail.

REDWOOD CITY, Calif. – Fallen Democratic fundraiser Norman Hsu was ordered held without bail Friday, and his attorney accused the FBI of extracting a confession while the convicted swindler was recovering from an apparent suicide attempt.

Hsu appeared briefly in San Mateo Superior Court on a 15-year-old grand theft conviction, one day after federal authorities charged him in New York with bilking investors out of $60 million. Investigators say he donated some of that money to numerous Democratic candidates and causes over the past several years.

And apparently, he’s confessed to the multi-million dollar Ponzi schemes.

Hsu contacted FBI agents last Thursday and said he “wanted to speak with them about his current criminal activity without his lawyers present.” During a September 14 meeting with Hsu, who was imprisoned in Colorado on an outstanding warrant from California, the swindler waived his Miranda rights and admitted his operation of a multimillion dollar investment scheme. He also acknowledged that he “made implied threats to his investors to pressure them to contribute to political candidates he supported.” But the complaint, which was unsealed today in U.S. District Court in Manhattan, does not identify the federal candidates to whom Hsu steered money.

His defense attorney doesn’t deny the confession, but claims his client “was still under the influence of the pills he was taking.”. Yes. That’s why you can give the details, and confess to, a scheme that very few details were public about and he hadn’t even been formally accused of.