Markstone Co-Founder Pleads Guilty
Elliott Broidy, a founder and Chairman of Markstone Capital Group LLC, pled guilty to felony for his involvement in a pay-to-play kickback scheme at the Office of the New York State Comptroller. Broidy admitted to paying almost one million dollars in gifts to four New York officials to obtain a $250 million investment from the New York State Common Retirement Fund in Markstone Capital Partners, L.P.
3 December 2009•5 mins read
