 A federal investigation launched to investigate various Clinton pardons, closed its investigation of the New Square matter in June 2002 by taking no action against Bill Clinton, Hillary Rodham Clinton, or any residents of New Square.Hillary Clinton's former finance director, David Rosen, was indicted on January 7, 2005 on campaign finance charges related to a fund-raising event produced by Peter F. Paul.Paul, a convicted drug dealer who would soon after be convicted on stock fraud charges after being extradited from Brazil, stated that he spent $1.2 million to produce the August 12, 2000 Hollywood Gala Salute to President William Jefferson Clinton event, which was both a tribute to honor President Clinton and a fundraiser for the First Lady's 2000 Senate campaign.