According to New York State Attorney General Andrew Cuomo, Broidy admitted that he made nearly $1 million in payoffs to four senior New York state officials as he pursued an investment from the state public pension fund...
Cuomo said that Broidy has acknwoledged paying at least $75,000 for high-price luxury trips to Italy and Israel for a top official in the New York State Comptroller and his relatives...
By raising $800 million, Broidy turned his Markstone Capital Group into the largest private equity fund in Israel.... In Los Angeles, Broidy has been a major donor to the United Jewish Fund and Friends of the Israel Defense Forces, a trustee of the University of Southern California and USC Hillel, and has served on the Hebrew Union College board of governors and as a trustee of Wilshire Boulevard Temple.
He is credited with revitalizing the dormant California-Israel Chamber of Commerce in the mid-1990s, together with Stanley Gold and Stanley Chais. Gold is president and CEO of Shamrock Holdings and outgoing president of the Jewish Federation of Greater Los Angeles. Chais, a large contributor to Israeli and Jewish causes, faces three legal actions as an alleged middleman for Bernard Madoff.
Broidy has also been a GOP heavy hitter, serving as finance chairman of the Republican National Committee and a top fund raiser for the presidential campaigns of President George W. Bush in 2004 Sen. John McCain in 2008. Full story
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