Republicans Mum After Billionaire GOP Donor Busted for Biggest Tax Fraud in History
Republicans are mum in the wake of the news that Robert Brockman – a billionaire and GOP mega-donor – was indicted in October by the United States Department of Justice for running the most extensive tax fraud scheme in American history.
“Brockman, 79, hid capital gains income over 20 years through a web of offshore entities in Bermuda and Nevis and secret bank accounts in Bermuda and Switzerland. Prosecutors announced that the CEO of a private equity firm that aided in the schemes would cooperate with the investigation,” NBC News reported at the time of the two billion dollar racket.
Republicans have not made a peep since the charges against Brockman were filed last fall.
On Friday, CNBC revealed that back in 2017, Brockman donated $80,000 to the National Republican Congressional Committee as well as more than $100,000 to groups tied to former House Speaker Paul Ryan (R-WI), including an additional $5,000 to Prosperity Action, Ryan’s political action committee:
The FEC records showing the NRCC contributions do not list Reynolds & Reynolds as Brockman’s employer, but the Texas address matches the location listed on other contributions Brockman has made. The mailing address is also listed on a business registration form for Reynolds & Reynolds reviewed by CNBC. The form, signed in April before Brockman was charged, lists him as the CEO.
Brockman was also a financial backer of present-day Utah Senator Mitt Romney’s failed presidential campaign and a donor to both of Trump’s White House bids.
Max Steele, a spokesman for American Bridge, a Democratic super PAC that conducts opposition research, blasted the GOP for not making any efforts to detach themselves from Brockman’s dirty money.
“Congressional Republicans spent the last four years gutting IRS enforcement and cutting taxes for billionaires while being bankrolled by the biggest tax cheat in American history,” Steele told CNBC. “While they should return or donate the money, we know they won’t. After all, how can a party blindly loyal to Donald Trump afford to oppose billionaires committing tax fraud?”
But Brockman is not the only GOP pal who has been nabbed for corruption, which is rampant among Republican powerbrokers.
“Steve Wynn, a former finance chair of the Republican National Committee, was accused of sexual harassment, which he denied. The former CEO of Wynn Resorts has continued to contribute to Republican campaigns and there is no record showing those contributions were returned,” CBC noted.
Several other former officials – all of whom were deputy finance chairs for the RNC – have fallen from grace in recent years.
Elliot Broidy, who was convicted in 2009 for bribery and corruption, pleaded guilty in October to acting as an unregistered foreign agent. Ex-President Donald Trump pardoned him on his final day in office.
Michael Cohen, Trump’s former fixer, resigned from his post in May of 2018 amid the Trump-Stormy Daniels hush money fiasco. He was convicted of campaign finance violations and lying to Congress and subsequently served time in prison.
Postmaster General Louis DeJoy, the controversial Trump-appointee whose changes at the Postal Service nearly crippled the 2020 election, also worked as a deputy finance chair for the RNC.