Billionaire Stephen Cloobeck, until recently a backer of scandal-plagued Eric Swalwell’s now-terminated California gubernatorial campaign, is free on bond Wednesday after being arrested in West Hollywood for allegedly attempting to dissuade a witness.
Cloobeck, a real estate magnate who was briefly a candidate for governor himself in the 2026 election, was arrested on Tuesday morning and freed on $300,000 bond, according to Los Angeles County Sheriff’s Department online inmate records.
He faces a possible felony-level charge.
Swalwell, a Democratic U.S. representative from Northern California, suspended his campaign and resigned from Congress after a woman alleged he drugged her and sexually assaulted her in a West Hollywood hotel in 2018. Swalwell has denied her account and other allegations of sexual misconduct.
Swalwell had been a house guest of Cloobeck until the latest allegation surfaced, when Cloobeck withdrew his financial backing of the disgraced politician, according to published reports.