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Monday, June 4, 2007

InfoUSA's Gupta Bows Out of Hillary Fundraiser

NewsMax - Embattled businessman Vinod Gupta is bowing out of Thursday night’s fundraiser for Hillary Clinton – even though he is the vice chairman of the event.

Gupta is evidently seeking to keep a low profile following revelations about his financial links to Bill and Hillary Clinton.

But Gupta simply told the New York Post: "I’ve got other things to do.”

As NewsMax reported earlier, Gupta’s company InfoUSA repeatedly rented marketing databases to unscrupulous persons who used the information to defraud the unsuspecting elderly, investigators found.

The company is also under fire in a shareholder lawsuit that alleges Gupta is appropriating company funds for personal use and his political pet projects.

Gupta had InfoUSA pay Bill Clinton $2.1 million in "consulting fees” since he left the White House, with another $1.2 million promised.

The lawsuit also states that InfoUSA spent more than $900,000 to provide corporate jet flights for both Bill and Hillary Clinton.

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