Richard B. Shapiro
Encyclopedia
Richard B. Shapiro is a former chairman of the California Horse Racing Board
. He is a Malibu real estate developer
whose family has been active in California
horse racing
for three generations.
Shapiro, a Republican
, was first appointed to the CHRB by California Governor Arnold Schwarzenegger
on October 14, 2004. He served as the board’s chairman for the years 2006 to 2008 before resigning from the CHRB in December 2008.
On August 18, 2009 Shapiro pleaded "no contest" to a misdemeanour charge of vandalism
in connection with the key-scratching of the 2008 Jaguar sedan owned by Jerry Jamgotchian, a horse-owner who was one of Shapiro's harshest critics during his time on the board.
Shapiro was a victim of the Madoff investment scandal
.
California Horse Racing Board
The California Horse Racing Board was established in 1933 as an independent agency of the State of California, United States. The CHRB has authority over the regulation of horse racing and parimutuel betting at licensed California race tracks...
. He is a Malibu real estate developer
Real estate development
Real estate development, or Property Development, is a multifaceted business, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of improved land or parcels to others...
whose family has been active in California
California
California is a state located on the West Coast of the United States. It is by far the most populous U.S. state, and the third-largest by land area...
horse racing
Horse racing
Horse racing is an equestrian sport that has a long history. Archaeological records indicate that horse racing occurred in ancient Babylon, Syria, and Egypt. Both chariot and mounted horse racing were events in the ancient Greek Olympics by 648 BC...
for three generations.
Shapiro, a Republican
Republican Party (United States)
The Republican Party is one of the two major contemporary political parties in the United States, along with the Democratic Party. Founded by anti-slavery expansion activists in 1854, it is often called the GOP . The party's platform generally reflects American conservatism in the U.S...
, was first appointed to the CHRB by California Governor Arnold Schwarzenegger
Arnold Schwarzenegger
Arnold Alois Schwarzenegger is an Austrian-American former professional bodybuilder, actor, businessman, investor, and politician. Schwarzenegger served as the 38th Governor of California from 2003 until 2011....
on October 14, 2004. He served as the board’s chairman for the years 2006 to 2008 before resigning from the CHRB in December 2008.
On August 18, 2009 Shapiro pleaded "no contest" to a misdemeanour charge of vandalism
Vandalism
Vandalism is the behaviour attributed originally to the Vandals, by the Romans, in respect of culture: ruthless destruction or spoiling of anything beautiful or venerable...
in connection with the key-scratching of the 2008 Jaguar sedan owned by Jerry Jamgotchian, a horse-owner who was one of Shapiro's harshest critics during his time on the board.
Shapiro was a victim of the Madoff investment scandal
Madoff investment scandal
The Madoff investment scandal broke in December 2008 when former NASDAQ chairman Bernard Madoff admitted that the wealth management arm of his business was an elaborate Ponzi scheme....
.