CNN Political Ticker

Fugitive fundraiser turns himself in

Norman Hsu surrendered to authorities in California on Friday

REDWOOD CITY, Calif. (CNN) - Embattled Democratic fund-raiser Norman Hsu turned himself in on Friday to authorities in California on a 16-year-old grand theft charge, a San Mateo County, Calif., Superior Court spokeswoman told CNN.

Hsu was being held on $2 million bond at the Maguire Correctional Facility in Redwood City, the San Mateo County seat. A bail reduction hearing has been scheduled for Wednesday.

Hsu had been a top contributor to Democrats, including presidential candidates Hillary Rodham Clinton and Barack Obama. But their campaigns and others said they have returned or given to charity donations from Hsu, who had an open bench warrant for his arrest in California.

Full Story: Democratic fundraiser surrenders on theft charge