Feds raid mansion of billionaire benefactor to disgraced politician Eric Swalwell as probe intensifies

New York Post
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25 Video Views·Oct 27, 2026
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AI GeneratedFormer California politician Eric Swalwell and his billionaire benefactor Stephen Klubeck are under federal scrutiny. Following sexual assault allegations that forced Swalwell's resignation, the FBI raided Klubeck's Beverly Hills mansion. Swalwell faces multiple investigations for misconduct and potential abuse of power to silence accusers.
Disgraced California politician Eric Swalwell
is still under the Fed's microscope after a series
of heinous sexual assault allegations rocked his run for governor
and eventually forced him to
resign from his congressional seat.
And it appears one of his largest benefactors is getting caught
in the crossfire. Billionaire Stephen Klubeck,
who prominently backed Swalwell's run for governor
by flooding his gubernatorial campaign with $1 million,
had his Beverly Hills mansion raided
early Tuesday morning. Video captured
by Fox News showed FBI agents rolling up to the mansion's
gate. A Fox 11 chopper
also captured agents walking around Klubeck's massive 9,700-square-foot
Beverly Hills estate. Klubeck reportedly let Swalwell shack up
in his Southern California
mansion until allegations surfaced
that the former congressman had sexually assaulted multiple women,
including former staffers.
Klubeck changed his mind and reportedly evicted the disgraced
politician out of his house.
Swalwell frequently lived
and stayed out of Klubeck's Beverly Hills mansion, even filming
his full-throated denial video response
to misconduct allegations from inside the home.
A lot has been said about me today through anonymous allegations.
I thought it was important that you see and hear from me directly.
These allegations of sexual assault are flat false.
They are absolutely false.
They did not happen.
They have never happened.
And I will fight them with everything that I have.
Back in April, when allegations were swirling,
the business tycoon told Fox LA's Matthew
Seedorf that he told Swalwell that he was,
quote, disappointed and disgusted.
I've never seen him out with women.
When he stayed here occasionally, he's never brought a woman here.
How's your relationship with Eric?
Are you guys still friends?
Eric who?
Is that clear?
How did your relationship with the two of you end?
Really simple.
I met her with my attorney, and I said, pal, you busted the trust.
You didn't tell the truth.
Three, I'm disappointed and disgusted.
Get the f*** out of here.
Pardon me.
One senior law enforcement official told
the Post the raid was connected to a sex worker.
It's unclear what exactly the feds
were poking around for, you know, at the mansion,
or if there were any Swalwell-related materials
or communications that were left.
There were some agents armed with, you know, night vision goggles.
potentially a telltale sign there.
A source did tell us that Klubeck did keep his company servers
in the home. Klubeck, you know, he's a billionaire.
He owns a private investment, a real estate and
hospitality management firm, you know,
primarily kind of overseeing his investments in those
sectors. There was an on-the-scene report
that did capture video of agents, you know, making off
with, you know, at least four
or more suitcases full of potential evidence. Klubek, while he now
disavows Swalwell, has also had troubles of his own.
The eccentric billionaire was about
to marry a penthouse pet accused of stealing
from rich sugar daddies before calling it off.
Klubeck was charged with three felony counts
of attempting to dissuade or prevent a witness or
victim from testifying, and one misdemeanor count
of making annoying phone calls, all in relation
to his ex's criminal case.
Swalwell is under investigation by multiple prosecutors for the
sexual assault allegations, including in New York and California.
In a dramatic scene back in August,
Swalwell was surrounded by FBI agents
at San Francisco International Airport
as he deboarded a plane,
leading to the seizure of his cell phone and laptop
as part of a federal criminal investigation.
Agents also executed additional warrants
the following day at Swalwell's Washington, D.C. home,
where they seized other potential evidence,
a source previously told The Post.
What the feds were looking for,
we get a glimpse of that through the FBI warrants
that the Post had access to when they seized Swalwell's phone
and laptop at an airport encounter
back in August. In that warrant,
it cited a federal civil rights statute that can be used
to prosecute government officials who abuse their government power.
So this statute, specifically
Title 18, Section 242,
which is known as Deprivation of Rights Under Color of Law,
it makes it a crime for, you know,
a government official to use the government authority to
deprive someone of rights protected by the Constitution
or federal law. So in this case,
However, it may apply to Suavo is that, you know,
Suavo potentially could have used his position as
a congressperson, as a congressman,
to try to silence women who were accusing him of sexual misconduct.
