Elliott Broidy Biography
Elliott Broidy is a venture capitalist and businessman from the United States. He was the Republican National Committee’s finance chairman from 2005 to 2008. (RNC). He was convicted of public corruption and bribery in New York in 2009.
Elliott Broidy Family – Education
Broidy grew up in Westwood, the son of Sherman G. Broidy, an educator and property developer, and Dorothy Horowitz, a nurse. He is a Jew. Broidy claims to have paid his own way through the University of Southern California. Broidy received a Bachelor of Science degree in Accounting and Finance from USC.
Elliott Broidy Husband
Broidy is married to Robin Rosenzweig, a former 20th Century Fox executive. The couple has three kids.
Elliott Broidy House
She together with her husband moved to Bel Air in 2005 after living in Holmby Hills. They rented their Bel Air house to Angelina Jolie in 2001, but later tore it down, built their own dream home, and now live there in a mansion similar to Howard Phipps Jr.’s Erchless at Old Westbury on Long Island.
Elliott Broidy Abortion – Playboy
The Wall Street Journal reported on April 13, 2018, that Broidy had a sexual relationship with Playboy Playmate Shera Bechard, which resulted in a pregnancy in late 2017. The model had an abortion later on. Michael Cohen, Donald Trump’s personal lawyer, negotiated a $1.6 million settlement for Broidy’s silence. The settlement was part of a nondisclosure agreement, but Broidy’s lawyer has stated that payments to Bechard will be withheld due to an alleged breach of the agreement. Bechard filed a lawsuit against Broidy and his attorney, Michael Avenatti, on July 6, 2018, in relation to the cessation of settlement payments. Some columnists believe Donald Trump was the one who had the affair, with Broidy agreeing to provide cover for him.
Elliott Broidy Business
Broidy began his finance career at Arthur Andersen, where he managed Taco Bell’s personal investments. He founded Broidy Capital Management, an investment firm, in 1991, and serves as its chairman and CEO. He raised $800 million for Markstone and invested heavily in Israeli companies, becoming a close friend of Benjamin Netanyahu. After 9/11, he became interested in politics and joined the Republican Jewish Coalition. Donated over $300,000 to George W. Bush’s presidential campaign in 2004 and hosted a fundraiser for him in 2006.
Elliott Broidy purchased the Virginia-based private security firm Circinus LLC 2014, which provides services to the US government and other governments. Later that year, he was appointed to the Homeland Security Advisory Council, as well as the Terrorism Task Force and the New Technology Task Force, by Homeland Security Secretary Michael Chertoff. Broidy planned to accompany George Nader on a business trip to Saudi Arabia in order to sell the Crown Prince a $650 million contract with Circinus.
Elliott Broidy 1MDB
According to emails reviewed by The Wall Street Journal in March 2018, Broidy was in talks to earn tens of millions of dollars by lobbying the US Justice Department to drop its investigation into a multibillion-dollar graft, the 1Malaysia Development Berhad scandal involving a Malaysian state investment fund, 1MDB. In one email, Broidy and his wife were offered $75 million if the Justice Department dropped its investigation into 1MDB. During Malaysian Prime Minister Najib Razak’s 2017 visit to Washington, D.C., Broidy also prepared talking points for him to use with President Trump. This included extolling Malaysia’s alliance with the United States in the fight against North Korea and arguing against pursuing legal action against 1MDB.
A Malaysian court would eventually convict Najib of corruption. The Justice Department is looking into whether the Trump Victory Committee accepted a $100,000 donation from Malaysian businessman and international fugitive Jho Low, who is accused of masterminding the 1MDB fraud. The New York Times reported in November 2018 that federal prosecutors accused Broidy of participating in a scheme to launder millions of dollars into the United States in order to assist Jho Low in ending a Justice Department investigation into the embezzlement of billions of dollars from 1MDB.
Elliott Broidy Donald Trump
Broidy was named deputy finance chairman of the Republican National Committee (RNC) in April 2017. Broidy’s security firm secured defense contracts worth more than $200 million from the United Arab Emirates for clients with questionable backgrounds. He attempted to broaden Circinus assistance with Tunisia via Tunisians Eymen Errais and Fadhel Abdelkefi, as well as with Cyprus, allowing information and surveillance to be laundered through the US, masking the actions of a foreign government. Broidy praised a paramilitary force his company Circinus was developing for the United Arab Emirates in a private meeting with President Donald Trump in October 2017. He urged President Donald Trump to meet with UAE military commander Crown Prince Mohammed bin Zayed al-Nahyan and to fire US Secretary of State Rex Tillerson.
On March 22, 2018, it was revealed that Broidy had been paid $2.6 million by George Nader to lobby the White House on behalf of the UAE and Saudi Arabia and against Qatar. An appellate court has waived Elliott Broidy’s diplomatic immunity as the former deputy finance chairman of the Republican National Committee (RNC). Broidy was being investigated for his role in a $2.5 million deal to provide political support for the sanctioned VTB Bank and Investment Capital Ukraine (ICU). ICU serves as a financial advisor to Ukraine’s President, Petro Poroshenko. Yuri Soloviev, CEO of Quillas Equities SA, has Pictet Bank accounts through which money is frequently transferred to VTB-owned RCB Cyprus.