Elliott Broidy

{{short description|American venture capitalist and Republican fundraiser}} {{Infobox person | image = Elliott Broidy in 2025.png | caption = | birth_date = {{birth based on age as of date|61|2019|07|08|61|2018|08|11}}<ref>{{Cite news |date=July 8, 2019 |title=Federal grand jury probing GOP fundraiser Elliott Broidy |url=https://www.nbcnews.com/politics/politics-news/federal-grand-jury-probing-gop-fundraiser-elliott-broidy-n1027381 |access-date=2026-04-29 |website=NBC News |language=en}}</ref><ref name="finn1" /> | political_party = Republican | occupation = Businessman, Republican fundraiser | birth_place = Westwood, Los Angeles, California, U.S. | spouse = Robin Rosenzweig | children = 3 | alma_mater = University of Southern California (BS) | website = {{URL|https://elliottbroidy.com/}} }}

'''Elliott B. Broidy''' (born 1957) is an American businessman and Republican fundraiser.

He founded Markstone Capital Partners in 2002, a private equity firm investing in Israeli companies. He served as finance chairman of the Republican National Committee (RNC) from 2005 to 2008. He was appointed by George W. Bush in 2005 to the U.S. Homeland Security Advisory Council and the board of the John F. Kennedy Center for the Performing Arts. He pleaded guilty to a misdemeanor charge in 2009, paying restitution and resigning from Markstone. He helped prosecutors secure the conviction of former New York State Comptroller Alan Hevesi in a pay to play scheme for the New York state pension fund.<ref name=reuters2012>{{Cite web |last=Freifeld |first=Karen |date=November 26, 2012 |title=LA money manager gets no jail in NY corruption case |url=https://www.reuters.com/article/business/la-money-manager-gets-no-jail-in-ny-corruption-case-idUSL1E8MQ4KJ/ |access-date=April 22, 2026 |website=Reuters}}</ref>

He purchased open-source intelligence provider Circinus LLC in 2014. He served as deputy finance chairman of the RNC from 2017 to April 2018, but resigned after reports of a non-disclosure agreement with former ''Playboy'' Playmate Shera Bechard regarding a sexual affair between them. He pleaded guilty in October 2020 to acting as an unregistered foreign agent for Chinese and Malaysian interests lobbying the Trump administration.<ref>{{Cite web|url=https://www.justice.gov/nsd-fara/recent-cases|title=Recent FARA Cases|date=26 July 2018|access-date=2 September 2021|archive-date=5 June 2024|archive-url=https://web.archive.org/web/20240605111316/https://www.justice.gov/nsd-fara/recent-cases|url-status=live}}</ref><ref>{{Cite news|last=Hsu|first=Spencer S.|date=20 October 2020|title=Major RNC, Trump fundraiser Elliott Broidy pleads guilty to acting as unregistered foreign agent|language=en-US|newspaper=Washington Post|url=https://www.washingtonpost.com/local/legal-issues/elliott-broidy-plea/2020/10/20/c41ae12c-125a-11eb-ad6f-36c93e6e94fb_story.html|access-date=2020-10-21|issn=0190-8286}}</ref> He was pardoned by President Donald Trump on January 19, 2021 for that role.<ref>{{Cite web| url=https://trumpwhitehouse.archives.gov/briefings-statements/statement-press-secretary-regarding-executive-grants-clemency-012021/| title=Statement from the Press Secretary Regarding Executive Grants of Clemency – The White House| accessdate=2024-08-27| archive-date=2021-01-20| archive-url=https://web.archive.org/web/20210120171920/https://trumpwhitehouse.archives.gov/briefings-statements/statement-press-secretary-regarding-executive-grants-clemency-012021/| url-status=live}}</ref> He owns Broidy Capital Holdings, which invests in artificial intelligence, public safety technology, and defense industry.

==Early life and education== Broidy was born to Sherman, an educator and property developer, and Dorothy {{nee|Horowitz}}, a nurse, and raised in Westwood, Los Angeles.<ref name=legacy>{{cite news|title=Sherman G. Broidy Obituary|url=http://www.legacy.com/obituaries/latimes/obituary.aspx?pid=168884114|work=Los Angeles Times|access-date=November 7, 2015|date=January 4, 2014|archive-date=March 4, 2016|archive-url=https://web.archive.org/web/20160304071955/http://www.legacy.com/obituaries/latimes/obituary.aspx?pid=168884114|url-status=live}}</ref> He is Jewish.<ref name="The Times of Israel">{{cite web|author=Jewish Telegraphic Agency staff|title=Jewish Republican donor took $2.7m from UAE lobbyist to influence Trump – report: Elliott Broidy, deputy finance chair of the Republican National Committee, paid by adviser to Emirates government amid Qatar row|work=The Times of Israel |url=https://www.timesofisrael.com/jewish-republican-donor-took-2-7m-from-uae-lobbyist-to-influence-trump-report/|agency=Jewish Telegraphic Agency|date=March 22, 2018|access-date=22 May 2018|archive-date=23 May 2018|archive-url=https://web.archive.org/web/20180523012217/https://www.timesofisrael.com/jewish-republican-donor-took-2-7m-from-uae-lobbyist-to-influence-trump-report/|url-status=live}}</ref>

He stated that he worked "as a commercial salmon fisherman" to finance his studies at the University of Southern California, saving $10,000 to buy a laundromat, which provided further income.<ref name="finn1">{{cite news |last=Finnegan |first=Michael |date=August 11, 2018 |title=A tale of two scandals, with a rich Trump donor, kickbacks and a Playboy playmate |url=http://www.latimes.com/politics/la-na-elliott-broidy-trump-20180811-story.html |archive-url=https://web.archive.org/web/20180811133841/http://www.latimes.com/politics/la-na-elliott-broidy-trump-20180811-story.html |archive-date=August 11, 2018 |access-date=September 18, 2021 |work=Los Angeles Times}}</ref> He graduated from USC with a bachelor's degree in accounting and finance.<ref name="uscmarshall">{{cite web|url=http://www-marshall.usc.edu/cis/about/board-of-advisors.htm|title=Board of Advisors|website=USC Marshall School of Business |archive-url=https://web.archive.org/web/20160304031159/http://www-marshall.usc.edu/cis/about/board-of-advisors.htm|archive-date=March 4, 2016}}</ref>

== Career == Broidy began his career in finance at Arthur Andersen in the tax department, as a Certified Public Accountant from 1982 to 1993.<ref name="bloomberg">{{cite web |title=Elliott Broidy CPA: Executive Profile & Biography |url=http://investing.businessweek.com/research/stocks/private/person.asp?personId=8866745&privcapId=22299102 |url-status=dead |archive-url=https://web.archive.org/web/20130618220907/http://investing.businessweek.com/research/stocks/private/person.asp?personId=8866745&privcapId=22299102 |archive-date=June 18, 2013 |website=Bloomberg Businessweek}}</ref><ref name=":3">{{Cite web|url=https://search.dca.ca.gov/details/300/CPA/33865/c4a5dc92865ed45de5f4cfeb0e2585b4|title=BOARD OF ACCOUNTANCY|last=DCA LICENSE SEARCH|first=DCA|website=DCA LICENSE SEARCH|access-date=15 September 2017|archive-date=27 November 2018|archive-url=https://web.archive.org/web/20181127022626/https://search.dca.ca.gov/details/300/CPA/33865/c4a5dc92865ed45de5f4cfeb0e2585b4|url-status=live}}</ref> One of his clients, Taco Bell founder Glen Bell, then hired him to manage the Bell family office and personal investments. He was the managing director at Bell Enterprises from 1982 to 1991.<ref name=":2">{{Cite web |last=Rotich |first=Judy J. |date=2025-01-22 |title=Muhammad Ali's Accountant Tells His Story For The First Time! |url=https://athlonsports.com/boxing/muhammad-alis-accountant-tells-his-story-for-the-first-time |access-date=2025-09-01 |website=Athlon Sports |language=en}}</ref><ref name="finn1"/> He founded an investment firm, Broidy Capital Management in 1991, serving as its chairman and chief executive officer.<ref name="uscmarshall"/><ref name="bloomberg"/><ref name="simon">{{cite web|url=http://www.wiesenthal.com/site/apps/nlnet/content2.aspx?c=lsKWLbPJLnF&b=5711841&ct=6793851#.VHJ-0MkhqSo|title=ELLIOTT BROIDY APPOINTED TO SIMON WIESENTHAL CENTER BOARD OF TRUSTEES|website=Simon Wiesenthal Center|date=February 23, 2009}}</ref> He served as a trustee of the Los Angeles City Fire and Police Pension Fund from 2002 to 2009.<ref name="uscmarshall"/><ref name="joshbeckerman"/>

=== Markstone Capital Partners === Broidy co-founded a private equity firm, Markstone Capital Partners, in 2002, which invested in Israeli firms.<ref name="finn1"/> The firm received $800 million, mostly from government employee pension funds in California, New York, and other states, as well as the city of Los Angeles.<ref name="finn1"/><ref name="joshbeckerman">{{cite news|first=Josh|last=Beckerman|url=https://blogs.wsj.com/privateequity/2009/12/03/just-who-is-elliott-broidy-anyway/|title=Just Who Is Elliott Broidy, Anyway?|work=The Wall Street Journal|date=December 3, 2009|access-date=September 18, 2021|archive-date=December 8, 2009|archive-url=https://web.archive.org/web/20091208144650/https://blogs.wsj.com/privateequity/2009/12/03/just-who-is-elliott-broidy-anyway/}}</ref> The lead investor was the New York State Common Pension Fund,<ref name="bloomberg" /><ref name="uscmarshall" /><ref>{{cite news |last1=Lovett |first1=Kenneth |date=November 27, 2012 |title=No jail time for Elliott Broidy, Israeli investor guilty of giving $1 million in bribes to officials |url=http://www.nydailynews.com/news/crime/no-jail-time-guilty-israeli-investor-article-1.1209146 |access-date=April 10, 2017 |work=New York Daily News}}</ref> which invested $250 million with the firm.<ref name="Reuters felony">{{cite news |last=Freifeld |first=Karen |date=November 26, 2012 |title=LA money manager gets no jail in NY corruption case |url=https://www.reuters.com/article/newyork-pension-broidy/la-money-manager-gets-no-jail-in-ny-corruption-case-idUSL1E8MQ4KJ20121126 |url-status=live |archive-url=https://web.archive.org/web/20180304231643/https://www.reuters.com/article/newyork-pension-broidy/la-money-manager-gets-no-jail-in-ny-corruption-case-idUSL1E8MQ4KJ20121126 |archive-date=March 4, 2018 |access-date=March 12, 2018 |work=Reuters}}</ref>

Following a corruption investigation of former New York State Comptroller Alan Hevesi, Broidy was charged in connection, and plead guilty in 2009, which the judge reduced to a misdemeanor.<ref name="joshbeckerman" /><ref name="reuters2012" /><ref name="craigkarmin" /><ref name="nytimesap">{{cite news |date=December 4, 2009 |title=Guilty Plea in Fraud Case Tied to New York Pension |url=https://www.nytimes.com/2009/12/04/nyregion/04pension.html |url-status=live |archive-url=https://web.archive.org/web/20240528064159/https://www.nytimes.com/2009/12/04/nyregion/04pension.html |archive-date=May 28, 2024 |access-date=February 24, 2017 |work=The New York Times |agency=Associated Press}}</ref> He paid $18 million in restitution to the state, resigned from Markstone, and his cooperation helped lead to the conviction of Hevesi and six other pension officials.<ref name="finn1" /><ref name="Reuters felony" /><ref>{{cite news |last1=Lovett |first1=Ken |date=November 28, 2012 |title=Investor Elliott Broidy Given Wrist Slap For Role In Pension Fund Scandal |url=http://www.nydailynews.com/blogs/dailypolitics/investor-elliott-broidy-wrist-slap-role-pension-fund-scandal-blog-entry-1.1692865 |url-status=live |archive-url=https://web.archive.org/web/20180310203135/http://www.nydailynews.com/blogs/dailypolitics/investor-elliott-broidy-wrist-slap-role-pension-fund-scandal-blog-entry-1.1692865 |archive-date=March 10, 2018 |access-date=March 10, 2018 |work=New York Daily News}}</ref> Broidy had provided $1 million in illegal gifts to New York State pension authorities, and in exchange, the state pension fund had invested $250 million with his firm, Markstone Capital Partners.<ref name="Reuters felony" /><ref name="Haaretz Markstone">{{cite web |last=Avriel |first=Eytan |date=December 7, 2009 |title=Markstone Fraud Puts Legitimacy of Israel Funds Into Question |url=https://www.haaretz.com/1.5040615 |url-status=dead |archive-url=https://web.archive.org/web/20201103045011/https://www.haaretz.com/1.5040615 |archive-date=November 3, 2020 |access-date=March 4, 2018 |work=Haaretz}}</ref><ref name="nytimesap" />

=== Circinus LLC === Broidy purchased Circinus LLC in 2015, a security provider for the United States and other governments.<ref name="Mazzetti180303">{{cite news |last1=Mazzeti |first1=Mark |author-link1=Mark Mazzetti |last2=Kirkpatrick |first2=David D. |author2-link=David D. Kirkpatrick |last3=Haberman |first3=Maggie |author3-link=Maggie Haberman |date=March 3, 2018 |title=Mueller's Focus on Adviser to United Arab Emirates Indicates Widening of Inquiry |url=http://nytimes.com/2018/03/03/us/politics/george-nader-mueller-investigation-united-arab-emirates.html |work=The New York Times}}</ref><ref name="nyt20180325">{{cite news |last1=Vogel |first1=Kenneth P. |last2=Kirkpatrick |first2=David D. |date=March 25, 2018 |title=Fund-Raiser Held Out Access to Trump as a Prize for Prospective Clients |url=https://www.nytimes.com/2018/03/25/us/politics/elliott-broidy-trump-access-circinus-lobbying.html |archive-url=https://web.archive.org/web/20180625204952/https://www.nytimes.com/2018/03/25/us/politics/elliott-broidy-trump-access-circinus-lobbying.html |archive-date=25 June 2018 |access-date=31 December 2018 |work=The New York Times}}</ref> He used his connections to president Trump to secure international clients for the business.<ref name="nyt20180325" /><ref name="Intercept20180622">{{cite news |last=Biddle |first=Sam |date=22 June 2018 |title=Trump Insider Wanted to Sell Social Media Surveillance Tools to Abusive Governments, Leaked Documents Suggest |url=https://theintercept.com/2018/06/22/broidy-circinus-spying-tunisia-romania-uae/ |archive-url=https://web.archive.org/web/20180625213227/https://theintercept.com/2018/06/22/broidy-circinus-spying-tunisia-romania-uae/ |archive-date=25 June 2018 |access-date=21 September 2021 |work=The Intercept}}</ref>

In October 2017, in a private meeting with president Donald Trump, Broidy praised a paramilitary force his company Circinus was creating for the United Arab Emirates (UAE). He urged the president to meet with the UAE's military commander Crown Prince Mohammed bin Zayed al-Nahyan, to support the UAE's hawkish policies in the Middle East, and to fire United States Secretary of State Rex Tillerson. He was also critical of Qatar, an American ally at odds with the UAE.<ref name="Mazzetti180303" /><ref>{{cite news |last=Kianpour |first=Suzanne |date=March 5, 2018 |title=Emails show UAE-linked effort against Tillerson |url=https://www.bbc.com/news/world-us-canada-43281519 |url-status=live |archive-url=https://web.archive.org/web/20240605123955/https://www.bbc.com/news/world-us-canada-43281519 |archive-date=June 5, 2024 |access-date=July 21, 2018 |work=BBC News}}</ref> Revealed on March 22, 2018, after Tillerson had been fired, Broidy had been allegedly paid $2.6 million by Lebanese-American businessman George Nader to lobby the White House on behalf of the best interests of both the UAE and Saudi Arabia and against Qatar.<ref name="The Times of Israel" /> In March 2018, ''The New York Times'' reported that Nader "worked for more than a year to turn Broidy into an instrument of influence at the White House for the rulers of Saudi Arabia and the United Arab Emirates, according to interviews and previously undisclosed documents. ...High on the agenda of the two men...was pushing the White House to remove Secretary of State Rex W. Tillerson, backing confrontational approaches to Iran and Qatar and repeatedly pressing the president to meet privately outside the White House with the leader of the U.A.E."<ref name="nyt20180321">{{cite web |author1=David D. Kirkpatrick |author2=Mark Mazzetti |date=21 March 2018 |title=How 2 Gulf Monarchies Sought to Influence the White House |url=https://www.nytimes.com/2018/03/21/us/politics/george-nader-elliott-broidy-uae-saudi-arabia-white-house-influence.html |url-status=live |archive-url=https://web.archive.org/web/20190429181439/https://www.nytimes.com/2018/03/21/us/politics/george-nader-elliott-broidy-uae-saudi-arabia-white-house-influence.html |archive-date=29 April 2019 |access-date=12 April 2018 |website=The New York Times}}</ref>

=== Conviction and pardon === In March 2018, ''The Wall Street Journal'' reported that Broidy had been in negotiations to earn tens of millions of dollars by lobbying the U.S. Justice Department to drop its investigation into a multibillion-dollar graft, the 1Malaysia Development Berhad scandal involving a Malaysian state investment fund, 1MDB, according to emails reviewed by the ''Journal''. One email showed a proposal that would have given Broidy and his wife $75 million if they got the Justice Department to drop its probe into 1MDB. Broidy also prepared talking points for Malaysian Prime Minister Najib Razak to use with President Trump during his 2017 visit to Washington, D.C. This included playing up Malaysia's relationship with the U.S. in fighting North Korea and arguing against pursuing legal action against 1MDB.<ref name="WSJ 1MDB">{{cite news |last1=Hope |first1=Bradley |last2=Wright |first2=Tom |last3=Ballhaus |first3=Rebecca |date=March 1, 2018 |title=Trump Ally Was in Talks to Earn Millions in Effort to End 1MDB Probe in U.S. |url=https://www.wsj.com/articles/trump-ally-was-in-talks-to-earn-millions-in-effort-to-end-1mdb-probe-in-u-s-1519919321 |url-status=live |archive-url=https://web.archive.org/web/20240606110735/https://www.wsj.com/articles/trump-ally-was-in-talks-to-earn-millions-in-effort-to-end-1mdb-probe-in-u-s-1519919321 |archive-date=June 6, 2024 |access-date=March 4, 2018 |work=The Wall Street Journal}}</ref><ref name="CNBC 1MDB">{{cite news |last=Kharpal |first=Arjun |date=March 3, 2018 |title=Trump ally reportedly in talks to earn $75 million if he could get the US probe into 1MDB dropped |url=https://www.cnbc.com/2018/03/03/1mdb-trump-ally-elliot-broidy-tries-to-get-75-million-to-end-us-probe.html |url-status=live |archive-url=https://web.archive.org/web/20200607223850/https://www.cnbc.com/2018/03/03/1mdb-trump-ally-elliot-broidy-tries-to-get-75-million-to-end-us-probe.html |archive-date=June 7, 2020 |access-date=March 4, 2018 |work=CNBC}}</ref> Najib would eventually be convicted of corruption by a Malaysian court. The Department of Justice is investigating whether the Trump Victory Committee took a $100,000 donation from Malaysian businessman and international fugitive Jho Low, who is accused of being the mastermind of the 1MDB fraud.<ref>{{cite news |date=14 March 2019 |title=US probing whether Jho Low secretly made donation to Trump's 2020 re-election campaign |url=https://www.straitstimes.com/world/united-states/us-probing-whether-jho-low-secretly-made-donation-to-trumps-2020-re-election |url-status=live |archive-url=https://web.archive.org/web/20201122203946/https://www.straitstimes.com/world/united-states/us-probing-whether-jho-low-secretly-made-donation-to-trumps-2020-re-election |archive-date=22 November 2020 |access-date=15 September 2020 |work=The Straits Times}}</ref><ref>{{cite news |date=9 August 2019 |title=The bizarre story of 1MDB, the Goldman Sachs-backed Malaysian fund that turned into one of the biggest scandals in financial history |url=https://www.businessinsider.com/1mdb-timeline-the-goldman-sachs-backed-malaysian-wealth-fund-2018-12 |url-status=live |archive-url=https://web.archive.org/web/20201117032748/https://www.businessinsider.com/1mdb-timeline-the-goldman-sachs-backed-malaysian-wealth-fund-2018-12 |archive-date=17 November 2020 |access-date=15 September 2020 |work=Business Insider}}</ref>

A July 2018 report revealed that Broidy had paid Rick Gates, Donald Trump's former campaign chairman, at least $125,000 for "advice and business insight." Gates had been indicted in October 2017 as a result of the probe by special counsel Robert Mueller into Russian interference in the 2016 presidential election. The payments began in March 2017 and went on until at least July.<ref>Sheth, Sonam (July 25, 2018). [https://web.archive.org/web/20180725142942/https://www.businessinsider.com/financial-ties-rick-gates-elliott-broidy-2018-7/ New report details extensive financial ties between Rick Gates and a top Republican fundraiser]. Business Insider. Archived from the [https://www.businessinsider.com/financial-ties-rick-gates-elliott-broidy-2018-7 original] on July 24, 2018. Retrieved September 8, 2020.</ref>

In late April 2018, then Secretary of State Mike Pompeo called for an end to the fighting among Saudi Arabia, the UAE, and Qatar during a trip to the Gulf.<ref>{{cite news |date=2021-04-20 |title=The princes, the president and the fortune seekers |url=https://apnews.com/article/north-america-donald-trump-ap-top-news-qatar-international-news-a3521859cf8d4c199cb9a8567abd2b71 |accessdate=2023-01-22 |newspaper=AP NEWS}}</ref>

In March 2018, Broidy filed a lawsuit against Qatar, alleging that Qatar's government stole and leaked his emails in order to discredit him because he was viewed "as an impediment to their plan to improve the country's standing in Washington."<ref>{{cite news |date=March 26, 2018 |title=GOP Fundraiser Sues Qatar Over Stolen Emails |url=https://www.wsj.com/articles/gop-fundraiser-sues-qatar-over-stolen-emails-1522094870?mod=article_inline |url-status=live |archive-url=https://web.archive.org/web/20230926150730/https://www.wsj.com/articles/gop-fundraiser-sues-qatar-over-stolen-emails-1522094870?mod=article_inline |archive-date=September 26, 2023 |access-date=June 2, 2019 |work=The Wall Street Journal}}</ref> In May 2018, the lawsuit named Mohammed bin Hamad bin Khalifa Al Thani, brother of the Emir of Qatar, and his associate Ahmed Al-Rumaihi, as allegedly orchestrating Qatar's cyber warfare campaign against Broidy.<ref>{{cite news |date=May 25, 2018 |title=GOP Fundraiser Elliott Broidy Expands Suit Alleging Qatar-Backed Hacking |url=https://www.wsj.com/articles/gop-fundraiser-elliott-broidy-expands-suit-alleging-qatar-backed-hacking-1527204900 |url-status=live |archive-url=https://web.archive.org/web/20231002122437/https://www.wsj.com/articles/gop-fundraiser-elliott-broidy-expands-suit-alleging-qatar-backed-hacking-1527204900 |archive-date=October 2, 2023 |access-date=June 2, 2019 |work=The Wall Street Journal}}</ref><ref>{{cite news |date=September 20, 2018 |title=Hackers Went After a Now-Disgraced G.O.P. Fund-Raiser. Now He Is After Them |url=https://www.nytimes.com/2018/09/20/world/middleeast/broidy-trump-hackers-qatar.html |url-status=live |archive-url=https://web.archive.org/web/20240331214614/https://www.nytimes.com/2018/09/20/world/middleeast/broidy-trump-hackers-qatar.html |archive-date=March 31, 2024 |access-date=June 2, 2019 |work=The New York Times}}</ref> Broidy accused UN diplomat Jamal Benomar of being a secret Qatari agent, and filed suit for the alleged hacking. In the case ''Broidy Capital Management LLC v. Jamal Benomar'', it was determined that Jamal Benomar (of Qatar) had diplomatic immunity that prevented him from facing litigation. As per the Vienna Convention on Diplomatic Relations, diplomatic immunity is subject to waiver if the diplomat engaged in commercial activity.<ref>{{Cite web |title=Vienna Convention on Diplomatic Relations - e Diplomat |url=http://www.ediplomat.com/nd/treaties/diplomatic_relations.htm |url-status=live |archive-url=https://web.archive.org/web/20140222035241/http://www.ediplomat.com/nd/treaties/diplomatic_relations.htm |archive-date=2014-02-22 |access-date=2020-11-18 |website=www.ediplomat.com}}</ref> In this case, it was not proven that Benomar had engaged in said commercial activity. The appellate court determined that there was not sufficient evidence to waive Benomar's diplomatic immunity, and the case was dismissed.<ref>{{Cite web |title=Broidy Capital Management LLC v. Benomar, No. 19-236 (2d Cir. 2019) |url=https://law.justia.com/cases/federal/appellate-courts/ca2/19-236/19-236-2019-12-06.html |url-status=live |archive-url=https://web.archive.org/web/20201026113459/https://law.justia.com/cases/federal/appellate-courts/ca2/19-236/19-236-2019-12-06.html |archive-date=2020-10-26 |access-date=2020-11-05 |website=Justia Law |language=en}}</ref>

=== Broidy Capital Holdings === Broidy Capital Holdings is a private equity investment firm in Boca Raton, Florida, founded by Broidy that represents a continuation of his earlier company, ''Broidy Capital Management'' (1991–2022).<ref>{{Cite web |date=March 19, 2026 |title=Broidy Capital Management LLC |url=https://www.bloomberg.com/profile/company/0318254Z:US?embedded-checkout=true |access-date=March 19, 2026 |website=Bloomberg}}</ref> The firm invests across public and private markets, particularly focusing on artificial intelligence, public safety technologies, and defense-related sectors.<ref>{{Cite web |title=Broidy Capital Management investment portfolio {{!}} PitchBook |url=https://pitchbook.com/profiles/investor/11406-25 |access-date=2026-03-19 |website=pitchbook.com |language=en}}</ref><ref>{{Cite web |last=Broidy |first=Elliott |title=Elliott Broidy Launches Official Website Showcasing Business Leadership, Philanthropy, and Global Security Commitments |url=https://www.prweb.com/releases/elliott-broidy-launches-official-website-showcasing-business-leadership-philanthropy-and-global-security-commitments-302504366.html |access-date=2026-03-19 |website=www.prweb.com |language=en}}</ref><ref name=":4">{{Cite web |last=Soffer |first=David |date=2026-03-04 |title=Anthropic Unveils AI-Vulnerability Scanner, Rattling Cybersecurity Stocks |url=https://www.itsecurityguru.org/2026/03/04/anthropic-unveils-ai-vulnerability-scanner-rattling-cybersecurity-stocks/ |access-date=2026-03-20 |website=IT Security Guru |language=en-US}}</ref>

== Politics ==

=== Fundraising === Broidy became interested in politics after the 9/11 attacks. He joined the Republican Jewish Coalition<ref>{{cite web |title=Board of Directors |url=http://www.rjchq.org/elliott_broidy |url-status=dead |archive-url=https://web.archive.org/web/20190108070146/http://www.rjchq.org/elliott_broidy |archive-date=January 8, 2019 |access-date=January 10, 2019 |work=Republican Jewish Coalition}}</ref> and ultimately became a member of its board of directors. Between 2002 and 2004 he donated more than $300,000 to the George W. Bush 2004 presidential campaign.<ref name="tomrobbins">{{cite news|first=Tom|last=Robbins|url=http://www.villagevoice.com/2009-12-08/columns/the-peggy-lipton-affair-brings-down-another-mogul/|title=The Peggy Lipton Affair Brings Down Another Mogul|work=The Village Voice|date=December 8, 2009|archive-date=2015-05-24|access-date=2014-11-24|archive-url=https://web.archive.org/web/20150524112808/http://www.villagevoice.com/2009-12-08/columns/the-peggy-lipton-affair-brings-down-another-mogul/|url-status=dead}}</ref> From 2004 to 2006 he raised campaign funds for numerous Republican candidates. In October 2006, he hosted a fundraiser for Bush, where $1 million was raised.<ref name="gabrielsnyder">{{cite news|first=Gabriel|last=Snyder|url=https://variety.com/2006/scene/news/inside-move-h-wood-picks-side-in-campaign-fund-fight-1117951312/|title=Inside Move: H'wood picks side in campaign fund fight|work=Variety|date=October 4, 2006|archive-date=September 19, 2023|access-date=December 9, 2017|archive-url=https://web.archive.org/web/20230919015954/https://variety.com/2006/scene/news/inside-move-h-wood-picks-side-in-campaign-fund-fight-1117951312/|url-status=live}}</ref> Later that year, Homeland Security Secretary Michael Chertoff appointed Broidy to the Homeland Security Advisory Council, the Terrorism Task Force, and the New Technology Task Force.<ref name="uscmarshall"/><ref name="simon"/><ref name="joshbeckerman"/>

Broidy led Republican fundraising efforts from 2005 to 2008 as finance chairman for the Republican National Committee (RNC), including during the 2008 elections. In the 2016 elections, he was a top fundraiser for Trump, Ted Cruz, Lindsey Graham, and Marco Rubio.<ref>{{cite news|url=https://www.apnews.com/a3521859cf8d4c199cb9a8567abd2b71/The-princes,-the-president-and-the-fortune-seekers|title=The princes, the president and the fortune seekers|last1=Butler|first1=Desmond|last2=LoBianco|first2=Tom|date=May 21, 2018|work=AP News|access-date=30 September 2018|archive-date=30 September 2018|archive-url=https://web.archive.org/web/20180930081126/https://www.apnews.com/a3521859cf8d4c199cb9a8567abd2b71/The-princes,-the-president-and-the-fortune-seekers|url-status=live}}</ref> From April 2017 until April 13, 2018, he was a deputy finance chairman of the RNC.<ref name="WSJdeputyFinanceRNC">{{cite news |last1=Ballhaus |first1=Rebecca |last2=Bykowicz |first2=Julie |date=April 13, 2018 |title=Elliott Broidy Quits RNC Post After Report on Payment to Ex-Model |url=https://www.wsj.com/articles/elliott-broidy-quits-rnc-post-after-report-on-payment-to-ex-model-1523645801 |access-date=September 18, 2021 |work=The Wall Street Journal}}</ref> Bruce Bialosky of the Republican Jewish Coalition said, "A lot of people talked a big game, but when he said he could raise big money, he actually did."<ref name="finn1"/>

In 2016, Broidy served as a vice chairman of the Trump Victory Committee, a joint fundraising committee of the Donald Trump campaign and the RNC.<ref>{{cite web |date=May 24, 2016 |title=Announcement of 2016 Trump Victory Leadership Team |url=https://gop.com/rnc-announces-2016-trump-victory-leadership-team/ |archive-url=https://web.archive.org/web/20160921143524/https://gop.com/rnc-announces-2016-trump-victory-leadership-team/ |archive-date=September 21, 2016 |access-date=April 10, 2017 |website=Gop.com}}</ref> In addition, he served as a vice-chairman of the Presidential Inaugural Committee.<ref>{{cite news |last=McCaskill |first=Nolan D. |date=November 15, 2016 |title=Trump announces inauguration team leaders |url=https://www.politico.com/blogs/donald-trump-administration/2016/11/trump-announces-inauguration-team-leaders-231445 |url-status=live |archive-url=https://web.archive.org/web/20180311140645/https://www.politico.com/blogs/donald-trump-administration/2016/11/trump-announces-inauguration-team-leaders-231445 |archive-date=March 11, 2018 |access-date=March 10, 2018 |work=Politico}}</ref> In April 2017, Broidy was named one of three national deputy finance chairmen of the RNC.<ref name="additionstoRNC2">{{cite news |last=Hammond |first=Joseph |date=April 3, 2017 |title=Republican Party adds Experienced Fundraisers Ahead of 2018 Elections |url=https://americanmediainstitute.com/investigations/republican-party-adds-experienced-fundraisers-ahead-2018-elections/ |url-status=live |archive-url=https://web.archive.org/web/20240605134935/https://americanmediainstitute.com/investigations/republican-party-adds-experienced-fundraisers-ahead-2018-elections/ |archive-date=June 5, 2024 |access-date=April 3, 2017 |work=American Media Institute}}</ref><ref>{{Cite web |last=Bernstein |first=Andrea |date=May 26, 2017 |title=The President, His Business Partner, and the Fundraiser {{!}} Money Talking |url=https://www.wnyc.org/story/president-his-business-partner-and-fundraiser/ |url-status=live |archive-url=https://web.archive.org/web/20201116050844/https://www.wnyc.org/story/president-his-business-partner-and-fundraiser/ |archive-date=2020-11-16 |access-date=2020-08-14 |website=WNYC |language=en}}</ref>

Following these allegations, Broidy resigned as deputy finance chairman of the Republican National Committee (RNC).<ref name="WSJdeputyFinanceRNC" /><ref name="WSJBroidyCohenBechard">{{cite news |last1=Palazzolo |first1=Joe |last2=Rothfeld |first2=Michael |date=April 13, 2018 |title=Trump Lawyer Michael Cohen Negotiated $1.6 Million Settlement for Top Republican Fundraiser: The 2017 deal was on behalf of Elliott Broidy, a businessman who faced allegations he impregnated a former Playboy model, and resembles one Mr. Cohen arranged with Stormy Daniels |url=https://www.wsj.com/articles/trump-lawyer-michael-cohen-negotiated-1-6-million-settlement-for-top-republican-fundraiser-1523638726 |url-status=live |archive-url=https://web.archive.org/web/20180413175435/https://www.wsj.com/articles/trump-lawyer-michael-cohen-negotiated-1-6-million-settlement-for-top-republican-fundraiser-1523638726 |archive-date=April 13, 2018 |access-date=September 18, 2021 |work=The Wall Street Journal}}</ref> To ensure that Bechard would not disclose the relationship, the $1.6 million payments beginning in 2017 to McDougal, which was arranged by Michael Cohen and came from accounts that Cohen had established to receive very large sums from Viktor Vekselberg associated firms in the Renova Group and others.<ref name="WSJBroidyCohenBechard" /><ref>{{cite news |last=Prokop |first=Andrew |date=May 8, 2018 |title=We just learned that a Russian oligarch's company sent $500,000 to Michael Cohen: And Robert Mueller wants to know why. |url=https://www.vox.com/2018/5/8/17333246/michael-cohen-russia-vekselberg-mueller-avenatti |access-date=September 18, 2021 |work=Vox}}</ref><ref>{{cite news |last1=Helderman |first1=Rosalind S. |last2=Hamburger |first2=Tom |last3=Brown |first3=Emma |date=May 8, 2018 |title=Trump's attorney Michael Cohen was hired by U.S. affiliate of Russian company |url=https://www.washingtonpost.com/politics/trumps-attorney-michael-cohen-was-hired-by-us-affiliate-of-russian-company/2018/05/08/12a218c8-52f6-11e8-abd8-265bd07a9859_story.html |archive-url=https://web.archive.org/web/20180509041133/https://www.washingtonpost.com/politics/trumps-attorney-michael-cohen-was-hired-by-us-affiliate-of-russian-company/2018/05/08/12a218c8-52f6-11e8-abd8-265bd07a9859_story.html |archive-date=May 9, 2018 |access-date=September 18, 2021 |newspaper=The Washington Post}}</ref> Both Vekselberg, who is very close to Vladimir Putin, and his Renova Group fell under United States sanctions on April 6, 2018, which froze up to $2 billion worth of Vekselberg's assets (${{Inflation|index=US|value=2000000000|start_year=2018|r=0|fmt=c}} adjusted for inflation).<ref>{{Cite news |last=Neghaiwi |first=Brenna Hughes |date=April 21, 2018 |title=U.S. sanctions on Vekselberg have $1.5-$2 billion assets frozen: sources |url=https://www.reuters.com/article/us-usa-russia-sanctions-renova-idUSKBN1HS0FB |url-status=live |archive-url=https://web.archive.org/web/20220428200730/https://www.reuters.com/article/us-usa-russia-sanctions-renova-idUSKBN1HS0FB |archive-date=April 28, 2022 |access-date=September 18, 2021 |work=Reuters}}</ref><ref>{{Cite web |date=April 6, 2018 |title=Treasury Designates Russian Oligarchs, Officials, and Entities in Response to Worldwide Malign Activity |url=https://home.treasury.gov/news/press-releases/sm0338 |url-status=live |archive-url=https://web.archive.org/web/20180406124041/https://home.treasury.gov/news/press-releases/sm0338 |archive-date=April 6, 2018 |access-date=September 18, 2021 |work=United States Department of Treasury}}</ref>

On April 13, 2018, ''The Wall Street Journal'' reported that Broidy had a sexual relationship with ''Playboy'' Playmate Shera Bechard, resulting in a pregnancy in late 2017.<ref name="WSJ">{{cite news |last1=Palazzolo |first1=Joe |last2=Rothfeld |first2=Michael |date=April 13, 2018 |title=Trump Lawyer Michael Cohen Negotiated $1.6 Million Settlement for Top Republican Fundraiser |url=https://www.wsj.com/articles/trump-lawyer-michael-cohen-negotiated-1-6-million-settlement-for-top-republican-fundraiser-1523638726 |url-status=live |archive-url=https://web.archive.org/web/20180413175435/https://www.wsj.com/articles/trump-lawyer-michael-cohen-negotiated-1-6-million-settlement-for-top-republican-fundraiser-1523638726 |archive-date=13 April 2018 |access-date=13 April 2018 |work=The Wall Street Journal}}</ref><ref name="NYT">{{cite news |last1=Ruiz |first1=Rebecca R. |last2=Rutenberg |first2=Jim |date=April 13, 2018 |title=R.N.C. Official Who Agreed to Pay ''Playboy'' Model $1.6 Million Resigns |url=https://www.nytimes.com/2018/04/13/us/politics/elliott-broidy-michael-cohen-payout.html |url-status=live |archive-url=https://web.archive.org/web/20180416015815/https://www.nytimes.com/2018/04/13/us/politics/elliott-broidy-michael-cohen-payout.html |archive-date=April 16, 2018 |access-date=April 16, 2018 |newspaper=The New York Times}}</ref> The model later had an abortion. Donald Trump's personal lawyer Michael Cohen negotiated for Broidy to pay $1.6&nbsp;million for the woman's silence. The settlement was falsely characterized at the time as a personal injury settlement.<ref>{{Cite news |last1=Lee |first1=MJ |last2=Sara |first2=Sidner |last3=Scannell |first3=Kara |last4=Foran |first4=Clare |title=Michael Cohen facilitated $1.6 million agreement on behalf of GOP fundraiser |url=https://www.cnn.com/2018/04/13/politics/trump-lawyer-michael-cohen-settlement/index.html |url-status=live |archive-url=https://web.archive.org/web/20180413204522/https://www.cnn.com/2018/04/13/politics/trump-lawyer-michael-cohen-settlement/index.html |archive-date=2018-04-13 |access-date=2018-04-13 |work=CNN}}</ref><ref name="WSJdeputyFinanceRNC" /> In response to the ''Journal'' article, Broidy issued a statement acknowledging that he had had a "consensual relationship with a ''Playboy'' Playmate", that Cohen had contacted him after being approached by the woman's attorney, Keith M. Davidson, and that Broidy had then hired Cohen to work out a non-disclosure agreement.<ref>{{cite news |last=Nashrulla |first=Tasreem |date=April 13, 2018 |title=A Top GOP Official Admitted He Had An Affair With A Playboy Model And Gave Her Money To Terminate Her Pregnancy |url=https://www.buzzfeed.com/tasneemnashrulla/elliott-broidy-michael-cohen-payment-playboy-playmate |url-status=live |archive-url=https://web.archive.org/web/20180625213601/https://www.buzzfeed.com/tasneemnashrulla/elliott-broidy-michael-cohen-payment-playboy-playmate |archive-date=25 June 2018 |access-date=23 May 2018 |work=Buzzfeed}}</ref> Broidy resigned his post at the RNC the same day the article appeared.<ref name="Politico2018" /> A few days later Cohen confirmed in court that Broidy was one of the three clients he had given legal advice to in the previous year.<ref>{{cite news |last=Voreacos |first=David |date=April 16, 2018 |title=Cohen Says He Gave Legal Advice to Three Clients in Past Year |url=https://www.bloomberg.com/news/articles/2018-04-16/cohen-says-he-gave-legal-advice-to-three-clients-in-past-year |url-status=live |archive-url=https://web.archive.org/web/20180513165311/https://www.bloomberg.com/news/articles/2018-04-16/cohen-says-he-gave-legal-advice-to-three-clients-in-past-year |archive-date=2018-05-13 |access-date=23 May 2018 |work=Bloomberg News}}</ref> Some columnists have since speculated that Donald Trump was really the person who had the affair with Bechard, with Broidy agreeing to provide cover for Trump.<ref name="Campos_5/8/2018">{{cite web |last=Campos |first=Paul |date=May 8, 2018 |title=Theory: ''Playboy'' Model Who Got $1.6 Million Had Affair With Trump, Not Broidy |url=http://nymag.com/daily/intelligencer/2018/05/theory-playboy-model-had-affair-with-trump-not-broidy.html |archive-url=https://web.archive.org/web/20200809185121/https://nymag.com/intelligencer/2018/05/theory-playboy-model-had-affair-with-trump-not-broidy.html |archive-date=August 9, 2020 |access-date=May 26, 2018 |website=New York magazine}}</ref><ref name="Campos_5/22/2018">{{cite web |last=Campos |first=Paul |date=May 22, 2018 |title=Here's More Evidence Broidy May Have Been Covering for Trump in Playmate Affair |url=http://nymag.com/daily/intelligencer/2018/05/more-evidence-that-broidy-was-covering-for-trump-in-affair.html |archive-url=https://web.archive.org/web/20190713155902/http://nymag.com/intelligencer/2018/05/more-evidence-that-broidy-was-covering-for-trump-in-affair.html?gtm=bottom |archive-date=July 13, 2019 |access-date=May 26, 2018 |website=New York magazine}}</ref><ref name="Bunch_5/22/2018">{{cite web |last=Bunch |first=Will |date=May 22, 2018 |title=Is this ''Playboy'' model keeping the biggest secret of the Trump presidency? |url=http://www.philly.com/philly/columnists/will_bunch/shera-bechard-donald-trump-playboy-model-elliott-broidy-20180522.html |url-status=live |archive-url=https://web.archive.org/web/20180525063020/http://www.philly.com/philly/columnists/will_bunch/shera-bechard-donald-trump-playboy-model-elliott-broidy-20180522.html |archive-date=May 25, 2018 |access-date=May 26, 2018 |website=Philly.com}}</ref> Broidy's lawyer, Chris Clark, stated that Broidy will withhold forthcoming payments to Bechard due to an alleged breach of the non-disclosure agreement on her part.<ref>{{cite news |last1=Rothfeld |first1=Michael |last2=Palazzolo |first2=Joe |date=July 1, 2018 |title=Top GOP Fundraiser to Stop Hush Payments Over Affair |url=https://www.wsj.com/articles/top-gop-fundraiser-to-stop-hush-payments-over-affair-1530477047 |access-date=July 2, 2018 |newspaper=The Wall Street Journal |quote=Now Mr. Broidy, who worked on the RNC with Mr. Cohen, will withhold the third installment of $200,000 that was due Sunday, in response to an alleged breach of the nondisclosure agreement, according to Chris Clark, a lawyer for Mr. Broidy.}}</ref> On July 6, 2018, Bechard filed a lawsuit against Broidy and the attorney Michael Avenatti, in relation to the cessation of the settlement payments.<ref>{{cite news |last=Dillon |first=Nancy |date=July 6, 2018 |title=Ex-''Playboy'' model sues Trump donor Elliott Broidy and Michael Avenatti over hush-money pact tied to secret pregnancy |url=http://www.nydailynews.com/news/ny-news-playmate-sues-broidy-avenatti-20180706-story.html |url-status=live |archive-url=https://web.archive.org/web/20180707010249/http://www.nydailynews.com/news/ny-news-playmate-sues-broidy-avenatti-20180706-story.html |archive-date=July 7, 2018 |access-date=July 7, 2018 |work=NY Daily News}}</ref><ref>{{cite news |last1=Rothfeld |first1=Michael |last2=Palazzolo |first2=Joe |date=July 6, 2018 |title=Ex-Playmate Files Suit Against GOP Donor Elliott Broidy Over Hush-Money Deal |url=https://www.wsj.com/articles/ex-playmate-files-suit-against-gop-donor-elliott-broidy-over-hush-money-deal-1530904576 |access-date=July 7, 2018 |newspaper=The Wall Street Journal}}</ref><ref>{{cite web |last1=Stris |first1=Peter K. |last2=Brannen |first2=Elizabeth R. |last3=Berkowitz |first3=Dana |last4=Stokes |first4=John |last5=Martin |first5=Shaun P. |date=July 6, 2018 |title=PLAINTIFF'S MEMORANDUM OF POINTS AND AUTHORITIES IN SUPPORT OF EX PARTE APPLICATION TO CONDITIONALLY SEAL THE COMPLAINT FOR 45 DAYS |url=http://online.wsj.com/public/resources/documents/2018_0706_bechard_vs_broidy_plaintffs_memorandum.pdf?mod=article_inline |archive-url=https://web.archive.org/web/20180707154348/http://online.wsj.com/public/resources/documents/2018_0706_bechard_vs_broidy_plaintffs_memorandum.pdf?mod=article_inline |archive-date=July 7, 2018 |publisher=Stris & Maher LLP via The Wall Street Journal}}</ref> Bechard has alleged in a complaint that Broidy was physically, sexually, and emotionally abusive of her.<ref>{{cite news |author=The Associated Press |title=Ex-''Playboy'' centrefold says fundraiser for Trump urged her to get abortion |url=https://www.ctvnews.ca/world/article/ex-playboy-centrefold-says-fundraiser-for-trump-urged-her-to-get-abortion/ |url-status=live |archive-url=https://web.archive.org/web/20221212052342/https://www.ctvnews.ca/world/ex-playboy-centrefold-says-fundraiser-for-trump-urged-her-to-get-abortion-1.4085158 |archive-date=2022-12-12 |access-date=2018-09-08 |publisher=CTV News |quote=A former ''Playboy'' model's lawsuit against a top fundraiser for President Donald Trump and other Republicans revealed embarrassing details of their sexual affair and said she feared for her safety after he impregnated her, according to previously censored allegations unsealed Friday.}}</ref><ref name="huffpo">{{cite news |last=Ali |first=Yashar |date=September 7, 2018 |title=Ex-Mistress Accuses Longtime RNC Leader Elliott Broidy Of Physical, Sexual Abuse, Complaint Shows |url=https://www.huffingtonpost.ca/entry/elliott-broidy-republican-national-committee-leader-mistress-complaint_us_5b9326dbe4b0162f472d2ea3 |archive-url=https://web.archive.org/web/20190405205208/https://www.huffingtonpost.ca/entry/elliott-broidy-republican-national-committee-leader-mistress-complaint_n_5b9326dbe4b0162f472d2ea3 |archive-date=April 5, 2019 |access-date=September 8, 2020 |work=The Huffington Post}}</ref> Broidy has denied the allegations.<ref name="huffpo" /> On September 7, 2018, California Superior Court Judge Elizabeth White granted Broidy's request to strike allegations from the case going forward that were not relevant to the breach-of-contract dispute.<ref>Petterssen, Edvard (September 7, 2018). [https://web.archive.org/web/20180908081320/https://www.bloomberg.com/news/articles/2018-09-07/elliott-broidy-wins-bid-to-sanitize-ex-playmate-lover-s-lawsuit GOP Fundraiser Elliott Broidy Accused of Coercing Woman Into Having Abortion; Bloomberg]. Archived from the [https://www.bloomberg.com/news/articles/2018-09-07/elliott-broidy-wins-bid-to-sanitize-ex-playmate-lover-s-lawsuit original] on September 8, 2018. Retrieved September 8, 2020</ref>

In November 2018, ''The New York Times'' reported that federal prosecutors accused Broidy of involvement in a scheme to launder millions of dollars into the United States to help Jho Low end a Justice Department investigation into the embezzlement of billions of dollars from 1MDB.<ref>{{Cite news |last=Vogel |first=Kenneth P. |date=2018-11-30 |title=Trump Fund-Raiser Received Laundered Foreign Money, Prosecutors Say |url=https://www.nytimes.com/2018/11/30/us/politics/broidy-trump-foreign-money.html |url-status=live |archive-url=https://web.archive.org/web/20181210094400/https://www.nytimes.com/2018/11/30/us/politics/broidy-trump-foreign-money.html |archive-date=2018-12-10 |access-date=2019-01-03 |work=The New York Times |language=en-US |issn=0362-4331}}</ref>

In 2019, Broidy filed lawsuits accusing a former CIA officer, Kevin Chalker, and three lobbyists of aiding Qatar in hacking and distributing his communications to damage his reputation. Broidy alleged that Chalker's firm, Global Risk Advisors, carried out the hack for Qatar, but Chalker, whose company was contracted for 2022 FIFA World Cup security, denied involvement. A separate lawsuit targeted lobbyists Nick Muzin, Joey Allaham, and Gregory Howard, claiming they disseminated the hacked information to undermine Broidy's political influence. All denied involvement.<ref name="auto">{{Cite web |last1=Mazzetti |first1=Mark |last2=Vogel |first2=Kenneth P. |date=9 April 2024 |title=Former Trump Fund-Raiser Drops Suits over Hack of Emails |url=https://www.nytimes.com/2024/04/09/us/politics/elliott-broidy-email-hack-lawsuit.html |url-status=live |archive-url=https://web.archive.org/web/20241129055659/https://www.nytimes.com/2024/04/09/us/politics/elliott-broidy-email-hack-lawsuit.html |archive-date=2024-11-29 |access-date=2024-10-28 |work=The New York Times}}</ref> In 2023, Broidy withdrew claims against Allaham, who admitted knowledge of the hack but denied participation. By April 2024, Broidy dropped both lawsuits.<ref name="auto" />

Beginning in March 2018, Broidy was implicated in a criminal investigation launched by the Prosecutor General of Ukraine for Broidy's June 12, 2014, deal to provide political support for VTB Bank and Investment Capital Ukraine (ICU), which acts as a financial advisor to President of Ukraine Petro Poroshenko.<ref name=AlJazeera180320 /><ref name="VTBICUdeal">{{cite web |date=June 12, 2014 |title=Broidy Capital Management Consulting Agreement |url=https://www.documentcloud.org/documents/4403331-Agreement.html |url-status=live |archive-url=https://web.archive.org/web/20180519121359/https://www.documentcloud.org/documents/4403331-Agreement.html |archive-date=May 19, 2018 |access-date=May 18, 2018}}</ref> Broidy was to receive five payments of $2.5 million each through the British Virgin Islands firm with a Dubai address, Quillas Equities SA, which has Yuri Soloviev as a large shareholder according to the Panama Papers. Yuri Soloviev is a member of the management board for VTB and is the first deputy president and chairman of its management board.<ref name="AlJazeera180320">{{cite news |last1=Thorne |first1=Will |last2=Jordan |first2=Will |date=March 20, 2018 |title=Trump donor Elliott Broidy named in Ukraine criminal probe: Republican fundraiser Elliott Broidy under scrutiny over alleged deal with sanctioned Russian bank VTB. |url=https://www.aljazeera.com/news/2018/03/trump-donor-ukraine-criminal-probe-180307124432781.html |archive-url=https://web.archive.org/web/20200530084423/https://www.aljazeera.com/news/2018/03/trump-donor-ukraine-criminal-probe-180307124432781.html |archive-date=May 30, 2020 |access-date=May 18, 2018 |publisher=Al Jazeera}}</ref><ref name="VTBManagementBoard">{{cite web |title=Члены правления Банк ВТБ (ПАО) |trans-title=Members of the Management Board VTB Bank (PJSC) |url=https://www.vtb.ru/o-banke/bank-vtb/pravlenie/ |archive-url=https://web.archive.org/web/20180519204357/https://www.vtb.ru/o-banke/bank-vtb/pravlenie/ |archive-date=May 19, 2018 |access-date=May 18, 2018 |publisher=VTB |language=Russian}}</ref> Yuri Soloviev's Quillas Equities has accounts in the Swiss Pictet Bank through which money transfers often occur to the VTB-owned bank in Cyprus, RCB Cyprus.<ref name="OCCRP160405">{{cite news |last1=Bigus |first1=Denys |last2=Shleynov |first2=Roman |date=April 5, 2016 |title=A high-profile Russian partner of Ukraine's top banker |url=https://www.occrp.org/en/panamapapers/high-profile-russian-partner-of-ukraines-top-banker/ |archive-url=https://web.archive.org/web/20181110080319/https://www.occrp.org/en/panamapapers/high-profile-russian-partner-of-ukraines-top-banker/ |archive-date=November 10, 2018 |access-date=May 18, 2018 |publisher=OCCRP}}</ref> In early 2014, VTB fell under numerous international sanctions due to Russia attacking Ukraine.<ref name="OCCRP160405" />

=== FARA charges ===

In 2020, Broidy pleaded guilty to conspiracy to violate the Foreign Agents Registration Act (FARA) for failing to disclose that he was acting as an agent for Malaysian and Chinese interests. Jho Low, a Malaysian businessman, had paid Broidy $9 million to lobby the US government to withdraw its investigation into the 1MDB scandal and to have the activist Guo Wengui deported to China.<ref name=":02">{{Cite news |date=2020-10-20 |title=Major RNC, Trump fundraiser Elliott Broidy pleads guilty to acting as unregistered foreign agent |url=https://www.washingtonpost.com/local/legal-issues/elliott-broidy-plea/2020/10/20/c41ae12c-125a-11eb-ad6f-36c93e6e94fb_story.html |access-date=2026-03-17 |work=The Washington Post |language=en-US |issn=0190-8286}}</ref><ref name=":22">{{Cite news |last=Vogel |first=Kenneth P. |date=2020-10-20 |title=Elliott Broidy Pleads Guilty in Foreign Lobbying Case |url=https://www.nytimes.com/2020/10/20/us/politics/elliott-broidy-foreign-lobbying.html |access-date=2026-03-17 |work=The New York Times |language=en-US |issn=0362-4331}}</ref><ref>{{Cite news |last1=Viswanatha |first1=Aruna |last2=Ballhaus |first2=Rebecca |date=2020-08-24 |title=New Details Revealed of RNC Fundraiser's Lobbying for China |url=https://www.wsj.com/articles/new-details-of-chinas-efforts-to-remove-critic-in-u-s-revealed-in-hawaii-court-11598294289 |url-status=live |archive-url=https://web.archive.org/web/20211002084006/https://www.wsj.com/articles/new-details-of-chinas-efforts-to-remove-critic-in-u-s-revealed-in-hawaii-court-11598294289 |archive-date=2021-10-02 |access-date=2020-08-25 |work=Wall Street Journal |issn=0099-9660}}</ref> He did not achieve either objective.<ref name=":32">{{Cite news |date=2023-04-04 |title=GOP fundraiser says he got millions to illegally lobby Trump administration |url=https://www.washingtonpost.com/dc-md-va/2023/04/04/broidy-testify-trump-malaysia-fugees/ |access-date=2026-03-17 |work=The Washington Post |language=en-US |issn=0190-8286}}</ref><ref>{{Cite web |last=Keene |first=Louis |last2= |date=2021-01-28 |title=A GOP power broker’s rabbis explain themselves |url=https://forward.com/news/463064/why-did-these-rabbis-seek-a-pardon-for-elliot-broidy/ |access-date=2026-03-17 |website=The Forward |language=en}}</ref> As part of a plea deal, Broidy agreed to pay $6.6 million and assist the government with further investigations.<ref name=":02" /><ref name=":22" /> President Trump pardoned Broidy the following year.<ref>{{Cite news |date=2023-04-04 |title=GOP fundraiser says he got millions to illegally lobby Trump administration |url=https://www.washingtonpost.com/dc-md-va/2023/04/04/broidy-testify-trump-malaysia-fugees/ |access-date=2026-03-17 |work=The Washington Post |language=en-US |issn=0190-8286}}</ref><ref>{{Cite news |date=2021-01-20 |title=Donald Trump pardons Steve Bannon during his final hours in office |url=https://www.abc.net.au/news/2021-01-20/donald-trump-issues-pardons-steve-bannon-lil-wayne-kodak-black/13072630 |access-date=2026-03-17 |work=ABC News |language=en-AU}}</ref> In April 2023, Broidy testified about his illegal lobbying at the trial of Prakazrel “Pras” Michél, an associate of Low.<ref name=":32" />

===Lobbying===

Broidy sought to leverage his connections for another case, Guo Wengui's extradition.<ref name="Willmer2023">{{Cite news |date=4 April 2023 |title=Ex-Trump Fundraiser Tells Pras Michel Jury of 1MDB Plot |url=https://www.bloomberg.com/news/articles/2023-04-04/ex-trump-fundraiser-broidy-tells-pras-michel-jury-of-1mdb-plot |website=Bloomberg}}</ref>

In August 2020, ''The Wall Street Journal'' reported that Broidy was hired by Sun Lijun, a fugitive billionaire and the former deputy head of China's Ministry of Public Security, to lobby the Trump administration to extradite Guo Wengui.<ref>{{Cite news |last1=Viswanatha |first1=Aruna |last2=Ballhaus |first2=Rebecca |date=2020-08-24 |title=New Details Revealed of RNC Fundraiser's Lobbying for China |url=https://www.wsj.com/articles/new-details-of-chinas-efforts-to-remove-critic-in-u-s-revealed-in-hawaii-court-11598294289 |url-status=live |archive-url=https://web.archive.org/web/20211002084006/https://www.wsj.com/articles/new-details-of-chinas-efforts-to-remove-critic-in-u-s-revealed-in-hawaii-court-11598294289 |archive-date=2021-10-02 |access-date=2020-08-25 |work=Wall Street Journal |issn=0099-9660}}</ref> Guo has become an ally of former Trump White House adviser Steve Bannon.<ref>{{Cite news |last=Hua |first=Brian Spegele and Sha |date=2020-10-04 |title=WSJ News Exclusive {{!}} Fundraising Feud Spurs Anger Among a Chinese Exile, His Followers and His Detractors |url=https://www.wsj.com/articles/fundraising-feud-spurs-anger-among-a-chinese-exile-his-followers-and-his-detractors-11601828700 |url-status=live |archive-url=https://web.archive.org/web/20201029222033/https://www.wsj.com/articles/fundraising-feud-spurs-anger-among-a-chinese-exile-his-followers-and-his-detractors-11601828700 |archive-date=2020-10-29 |access-date=2020-10-26 |work=Wall Street Journal |language=en-US |issn=0099-9660}}</ref>thumb|Trump pardon for Elliott Broidy, and 26 other individuals, on January 19, 2021

According to ''Bloomberg'', the group convened with Chinese Vice Minister Sun Lijun but failed to secure meetings with U.S. officials. Consequently, Broidy approached casino tycoon Steve Wynn for assistance due to his close ties with President Trump. According to Broidy's testimony, during a boat trip, Wynn contacted Trump via speakerphone to inquire about Guo's extradition status. Broidy testified that he heard Trump affirming the ongoing process.<ref name="Willmer2023" />

==Boards of directors== In 2006, President Bush appointed Broidy to the board of trustees of the John F. Kennedy Center for the Performing Arts.<ref name="joshbeckerman" /><ref name="additionstoRNC">{{cite web|title=RNC Announces Additions To RNC Finance Leadership Team|url=https://www.gop.com/rnc-announces-additions-to-rnc-finance-leadership-team/|access-date=April 3, 2017|website=Gop.com|date=April 3, 2017|archive-url=https://web.archive.org/web/20170404015057/https://www.gop.com/rnc-announces-additions-to-rnc-finance-leadership-team/|archive-date=April 4, 2017}}</ref>

Broidy served on the board of governors and the endowment committee of Hebrew Union College and the board of trustees of the Hillel Foundation, as well as the Center for Investment Studies at the Marshall School of Business at his alma mater, the University of Southern California.<ref name="uscmarshall" /> He served on the board of governors of the Cedars-Sinai Medical Center and the board of trustees of the Simon Wiesenthal Center.<ref name="bloomberg" /><ref name="simon" /> The Raoul Wallenberg Committee of the United States gave Broidy the 2008 Raoul Wallenberg Award for his Jewish philanthropy.<ref name="craigkarmin">{{cite news |last1=Karmin |first1=Craig |last2=Lattman |first2=Peter |date=December 4, 2009 |title=Hevesi Linked to Pay-to-Play as Broidy Admits Guilt |url=https://www.wsj.com/articles/SB10001424052748703735004574574002011776102 |url-status=live |archive-url=https://web.archive.org/web/20240605130732/https://www.wsj.com/articles/SB10001424052748703735004574574002011776102 |archive-date=June 5, 2024 |access-date=March 13, 2017 |work=The Wall Street Journal}}</ref>

After multiple scandals and criminal charges, Broidy was forced to resign from several of these boards and political appointments.<ref name="WSJdeputyFinanceRNC" /><ref name="Politico2018">{{cite news |last=Isenstadt |first=Alex |date=April 13, 2018 |title=RNC fundraiser resigns after report of $1.6 million Playmate payoff |url=https://www.politico.com/story/2018/04/13/rnc-deputy-finance-chair-broidy-resigns-522867 |url-status=live |archive-url=https://web.archive.org/web/20180413193816/https://www.politico.com/story/2018/04/13/rnc-deputy-finance-chair-broidy-resigns-522867 |archive-date=13 April 2018 |access-date=13 April 2018 |work=Politico}}</ref>

In November 2025, Broidy announced the acquisition of an original whiteprint of the crematoria designed for the Auschwitz-Birkenau concentration and extermination camp for $1.5 million. The purchase was described as a commemorative act honoring approximately 1.5 million Jewish children murdered during the Holocaust. Proceeds from the acquisition were designated to support the development of a "global early childhood curriculum promoting empathy, altruism and anti-extremism".<ref>{{Cite web |last=Smith |first=Megan |date=2025-12-12 |title=Rare Auschwitz Artifact Acquired |url=https://bocaratonobserver.com/api/content/e8633f3e-d79e-11f0-b46b-1248ae80e59d/ |access-date=2026-01-10 |website=bocaratonobserver.com |language=en-us}}</ref> Broidy stated that the artifact would be exhibited at institutions dedicated to Holocaust education and the fight against antisemitism prior to its ultimate donation to a public institution.<ref>{{Cite web |last=Raziel |first=Benjamin |date=2025-12-29 |title=Turning a Blueprint of Death into a Plan of Defiance |url=https://jewishjournal.com/community/385959/turning-a-blueprint-of-death-into-a-plan-of-defiance/ |access-date=2026-01-10 |website=Jewish Journal |language=en-US}}</ref>

==Films== Broidy was the executive producer of the independent films ''Sugar'' and ''Snake & Mongoose'', both released in 2013.<ref>{{cite news|last=Krantz|first=Michael|url=https://www.businessinsider.com/elliott-broidy-influenced-trump-uae-qatar-policy-2018-3?r=US&IR=T|title=How a little-known Republican fundraiser allegedly profited off Trump's presidency and worked to convince him to change US foreign policy in the Middle East|work=Business Insider|date=March 28, 2018|access-date=March 18, 2019}}</ref>

==Personal life== Broidy is married to Robin Rosenzweig, a former senior executive of 20th Century Studios,<ref name="pattidavis">{{cite news|first=Patti|last=Davis|author-link=Patti Davis|url=https://www.latimes.com/archives/la-xpm-2001-mar-18-cl-43360-story.html|title=Battle Takes Shape in the Toniest of War Grounds|work=Los Angeles Times|date=March 18, 2001|archive-date=August 27, 2024|access-date=August 13, 2024|archive-url=https://web.archive.org/web/20240827222339/https://www.latimes.com/archives/la-xpm-2001-mar-18-cl-43360-story.html|url-status=live}}</ref> with whom he has three children.<ref name="simon" /> They lived in Holmby Hills until moving to Bel Air in 2005. They moved to Beverly Hills in 2012.<ref name="finn1" />

==References== {{Reflist}}

==External links== {{official website}}

{{DEFAULTSORT:Broidy, Elliott}} Category:1957 births Category:Living people Category:People from Bel Air, Los Angeles Category:USC Marshall School of Business alumni Category:American political fundraisers Category:American venture capitalists Category:California Republicans Category:Film producers from California Category:American people convicted of bribery Category:People from Holmby Hills, Los Angeles Category:People pardoned by Donald Trump Category:21st-century American Jews Category:American lobbyists Category:Year of birth missing (living people)