Pakistani-American venture capitalist gets 12 years' imprisonment

A federal court in the United States sentenced a Pakistan-origin American venture capitalist to 12 years in prison for hiding his identity as a foreign agent while lobbying high-level US officials, Dawn reported

Feb 21, 2021
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A federal court in the United States sentenced a Pakistan-origin American venture capitalist to 12 years in prison for hiding his identity as a foreign agent while lobbying high-level US officials, Dawn reported.

The court also slapped a fine of $1.75 million on Imaad Zuberi and asked him to pay $15.7 million in restitution. He had donated and raised funds for several political leaders in the US.

Zuberi had donated $900,000 to the Trump inaugural committee in 2016 and $100,000 for Hilary Clinton’s 2016 presidential campaign. He was a top also a top fundraiser for President Barack Obama’s re-election campaign in 2012.

“The violations were part of a larger surreptitious effort to route foreign money into US elections and to use it to corrupt the US policy-making processes,” a court filing by prosecutors was quoted by Dawn.

The report in Dawn said that he was born in Pakistan and migrated to the United States with his parents when he was three years old. Later he got American citizenship.

Zuberi “went to great lengths to pull off his scheme, hiring lobbyists, retaining public relations professionals and making campaign contributions” to enhance his influence, reported US media. 

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