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. [1]
Shapiro, a Republican, was first appointed to the CHRB by California Governor Arnold Schwarzenegger on October 14, 2004. [1] He served as the board's chairman for the years 2006 to 2008 before resigning from the CHRB in December 2008. [2]
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. [2]
Shapiro was a victim of the Madoff investment scandal. [2]