
Billionaire Stephen Cloobeck was arrested Tuesday in the Los Angeles, California area on felony charges.
Cloobeck, who previously ran for California governor and donated to Democratic campaigns, was arrested on charges of attempting to prevent or dissuade a victim or witness from testifying.
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Cloobeck was arrested before 11 a.m. on Wednesday and was held at the West Hollywood station on a $300,000 bail, according to Los Angeles County Sheriff’s Department records.
Cloobeck dropped out of the California governor race in November to support his friend, former Rep. Eric Swalwell, donating over $39,200 to the campaign.
Coolbeck had said he was running for governor of the Golden State because he couldn’t find a single qualified candidate, and he funded the campaign with his real estate fortune. A University of California, Berkeley poll from last year, however, found the billionaire received support from less than half of 1% of registered voters.
Following Swalwell’s sexual
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