Elliott Broidy

Elliott Broidy
Broidy in 2022
Deputy Finance Chairman of the Republican National Committee
In office
April 2017 – April 13, 2018
Finance Chairman of the Republican National Committee
In office
2005–2008
Personal details
Born1956 or 1957 (age 66–67)[1]
Political partyRepublican
SpouseRobin Rosenzweig
Domestic partnerShera Bechard (2017–2018)
Children3
Alma materUniversity of Southern California (BS)

Elliott B. Broidy (born 1956 or 1957) is an American former unregistered lobbyist[2][3] and businessman. From 2005 to 2008, he served as finance chairman of the Republican National Committee (RNC) and deputy finance chairman of the RNC from 2017 to 2018. He pleaded guilty to acting as an unregistered foreign agent working for Chinese and Malaysian interests in October 2020.

In 2002, Broidy founded Markstone Capital Partners, a private equity firm investing in Israeli companies, with the New York State Common Pension Fund as the lead investor contributing $250 million. In 2009, he pleaded guilty to charges related to providing illegal gratuities to former New York State Comptroller Alan Hevesi; the charge was later reduced to a misdemeanor after his cooperation with the government led to the conviction of Hevesi and other officials. As part of his plea deal, Broidy paid $18 million in restitution, resigned from Markstone, and admitted to providing illegal gifts to pension officials in exchange for investment from the pension fund.[4]

From 2017 to April 2018, Broidy was a deputy finance chairman of the RNC, resigning after The Wall Street Journal reported that he had been a party to a non-disclosure agreement with former Playboy Playmate Shera Bechard, under which he paid $1.6 million for her silence about a sexual affair between them. He also resigned his seat on the board of the Republican Jewish Coalition. As of May 2019, the United States Department of Justice was investigating Broidy's business and political dealings.[5]

In October 2020, Broidy pleaded guilty to acting as an unregistered foreign agent working for Chinese and Malaysian interests. He sought to lobby the highest levels of the U.S. Government to deport a dissident of the People's Republic of China (PRC) living in the United States, and tried to arrange meetings for a PRC Minister with the Attorney General, the Secretary of Homeland Security, and other high-level officials during the PRC Minister's visit to the United States, all while concealing the foreign principals he represented.[6][7] He was charged as part of a federal probe into efforts to influence the Trump administration to stop investigations about a 1MDB Malaysian state fund fraud.[8] On January 20, 2021, Broidy was pardoned by President Donald Trump.[9]

  1. ^ Lifsher, Marc (November 27, 2012). "L.A. venture capitalist Elliott Broidy spared jail time". Los Angeles Times. Archived from the original on November 15, 2013. Retrieved September 18, 2021.
  2. ^ Dan Friedman. "Disgraced Republican financier accused of secretly lobbying for China". Mother Jones. Retrieved 2024-02-19.
  3. ^ "Former Republican fundraiser Elliott Broidy charged over foreign lobbying". ABC News. Retrieved 2023-01-04.
  4. ^ Faturechi, Robert. "Sessions Turned to Convicted Fundraiser for Advice on U.S. Attorneys". ProPublica. Retrieved 2020-09-24.
  5. ^ Larry Buchanan; Karen Yourish (May 20, 2019). "Tracking 29 Investigations Related to Trump". The New York Times. Retrieved May 22, 2019.
  6. ^ "Recent FARA Cases". 26 July 2018.
  7. ^ Hsu, Spencer S. (20 October 2020). "Major RNC, Trump fundraiser Elliott Broidy pleads guilty to acting as unregistered foreign agent". Washington Post. ISSN 0190-8286. Retrieved 2020-10-21.
  8. ^ "Ex-Fundraiser for Trump, RNC Charged Over Foreign Lobbying". Bloomberg.com. 2020-10-08. Retrieved 2020-10-08.
  9. ^ "Statement from the Press Secretary Regarding Executive Grants of Clemency – The White House". Retrieved 2024-08-27.