GOP Groups Quiet As Billionaire Donor Is Accused Of Running Largest Ever Tax Fraud Scheme

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CNBC reports that Republican groups have remained noticeably silent as a billionaire GOP donor stands accused of running the largest tax fraud scheme in U.S. history.

Robert Brockman, the former CEO of Ohio-based software company Reynolds & Reynolds, was charged in October for running a $2 billion tax fraud scheme.

Department of Justice officials said at the time that the businessman had hidden capital gains income for over 20 years through various offshore entities in Bermuda and Nevis and secret bank accounts. Brockman has pleaded not guilty to the alleged crimes.

Brockman’s most recent contributions to Republican committees came in 2017, ahead of the Congressional midterm elections the following year, according to Federal Election Commission records.

Representatives of the organizations that are still active did not respond when asked whether they plan to refund or give the total amount of contributions away to charity in the wake of the allegations. The 2017 contributions had yet to be reported in the media.

The report noted that “Democrats are already pouncing on the lack of public GOP pushback against Brockman after he funded some of their campaigns.”

American Bridge, a Democratic super PAC that specializes in opposition research and first flagged the Brockman contributions to CNBC, used the episode to blast the GOP.

“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,” Max Steele, an American Bridge spokesman, 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?”

CNBC also noted that according to a recent Wall Street Journal report, Brockman and his attorneys are claiming the 79-year-old suffers from dementia and cannot be tried because he cannot participate in his own defense.

“Prosecutors reportedly responded that he could be faking it and that a hearing on Brockman’s competency is set to take place in June,” the news outlet wrote.

Read the full report.

Image credit: Screengrab / CBSDFW / YouTube

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