WASHINGTON (CNN) - Sen. Hillary Clinton will return about 850,000 in contributions tied to disgraced Democratic fundraiser Norman Hsu.
Clinton, a New York Democrat seeking her party's presidential nomination, will send the money back to approximately 260 donors, a senior campaign official said in a statement Monday evening.
"In light of recent events and allegations that Mr. Norman Hsu engaged in an llegal investment scheme, we have decided out of an abundance of caution to return the money he raised for our campaign" Clinton campaign official Howard Wolfson said in the statement.
Wolfson emphasized that the campaign was unaware of Hsu's alleged illegal activities and noted that they have put in place a more rigorous back ground check for future donors.
–CNN Political Editor Mark Preston