He’s like Hunter Biden without the drug addiction:
A shocking paper trail shows Nancy Pelosi’s son, Paul Pelosi Jr.’s connections to a host of fraudsters, rule-breakers and convicted criminals.
A DailyMail.com investigation can reveal that Paul, 52, was involved in five companies probed by federal agencies before, during or after his time there.
He joined the board of a biofuel company after it defrauded investors, according to an SEC ruling, and whose CEO was convicted after bribing Georgia officials.
Paul was president of an environmental investment firm that turned out to be a front for two convicted fraudsters, documents reveal.
He served as vice president of a company previously embroiled in an investigation of scam calls that targeted senior citizens.
A medical company Pelosi Jr. worked for was accused of testing drugs on people without FDA authorization, DailyMail.com can reveal.
A source close to a firm Nancy’s son worked for told DailyMail.com that Pelosi Jr. received $2.8 million of shares allegedly issued as part of a massive $164 million fraud in July 2016.
First Hunter Biden, now Paul Pelosi: I’m sensing a pattern here.
Powerful politicians conduct corrupt business deals through their kids.
His years-long repeated business dealings raise two troubling questions Nancy’s son has been unable to answer: why did he get mixed up with such unsavory characters over and over, and how involved was he with the criminal investigations into his fraudster colleagues?
I’m sure it’s just 5 big coincidences. They guy is very unlucky, okay!?
While Paul Pelosi Jr.’s mother once pledged to lead ‘the most honest, most open, most ethical Congress in history’, her son has a staggering wake of criminal colleagues, fraudulent companies and federal investigations.
Pelosi Jr. has never been accused or charged with crimes relating to these cases.
But sources close to the Democrat power broker’s son – and even Pelosi Jr. himself – admit that some of his business dealings may have arisen from savvy entrepreneurs hiring him in an attempt to curry favor with his powerful family.
And he was duped, every time, I’m sure.
Though frugal, Pelosi Jr. certainly wasn’t strapped for cash in February 2007, he had just landed a $180,000 job as Senior Vice President at data company InfoUSA, despite already holding a full-time position as a home loan officer at Countrywide Home Loans in San Mateo and having no experience in database marketing.
The company was run by major Democrat donor Vinod Gupta, who had been embroiled in a criminal investigation by the Iowa Attorney General’s Office since 2004.
When I say that Democrats are not a political party but in fact a giant mafia-like organized crime outfit, this is what I mean.
Investigators claimed that between 2001 and 2004 InfoUSA knowingly sold millions of consumers’ data to fraudsters who used the information to scam the elderly, stripping some of their life savings.
Gupta and InfoUSA cooperated with the Iowa investigation into the scammers and were not charged. The investigation was closed before Pelosi Jr. joined the company.
I’m sure they cleaned up their act and have gone totally legit.
Some believed Gupta appointed Pelosi Jr. to curry favor with his powerful mother, though Pelosi Jr. denied it at the time.
Gupta? Curry favor? That’s racist.
‘I don’t think that’s really what happens,’ he told news site NewsMax in 2007. ‘I don’t see it that way, but I could see why you’d ask the question… I guess you always wonder why somebody hires you, right?’
The aw shucks angle ain’t gonna cut it, pal.
In 2009, Pelosi Jr. was recruited to be president of an environmental investment company called Natural Blue Resources.
The firm was ostensibly formed to find and use new underground aquifers in New Mexico.
But a Securities and Exchange Commission (SEC) investigation found that the company was in fact ‘secretly controlled’ by two convicted criminals, who used Pelosi Jr. and others as a front to let them ‘personally profit from the company without disclosing their past brushes with the law to investors’.
According to charges filed in 2014, Pelosi Jr. was recruited to create the firm along with former New Mexico governor and attorney general Toney Anaya by the two ‘consultants’, James Cohen and Joseph Corazzi.
Cohen had previously been jailed for financial fraud, and Corazzi had been charged with breaking federal securities laws and was permanently barred from acting as an officer of a public company.
Though Anaya was charged, Pelosi Jr. was not. Pelosi Jr. served as president and board member of Natural Blue from its public stock exchange listing in August 2009 for five months, and served on the board of another company run by Cohen’s wife.
When approached by DailyMail.com, the SEC declined to comment on Pelosi Jr.’s involvement in the case.
However, the SEC wrote in its conclusion to the case that Pelosi Jr. did not play a ‘meaningful role’ in one of the key transactions for the Natural Blue scheme, he ‘strenuously object[ed]’ to proposed fundraising contracts, was ousted from the board by the accused fraudsters, and ultimately appeared as a witness for the prosecution.
Naturally. Just another instance of bad luck.
In October 2013 Pelosi Jr. landed a job as Vice President of biofuel company FOGFuels, according to a corporate press release.
If he had googled his new business partner, Pelosi Jr. would have known he was wading into murky territory. Just one month earlier the SEC announced that it had filed charges against the company and its founder, Paul Marshall.
It’s impossible to believe Paul Pelosi Jr. was unaware of this.
The federal complaint said Marshall stole $3 million from mostly elderly investors in FOGFuels and another of his companies ‘to pay for a variety of Marshall’s personal expenses, including luxury vacations, child support and alimony payments, and private school tuition and camps for his children.’
At the same time, an Atlanta, Georgia official was found guilty of helping arrange city contracts for Marshall’s wireless internet company in exchange for bribes.
Marshall had previously agreed to cooperate with prosecutors in his $3 million fraud case, and was not charged in the bribery case.
FOGFuels, of which Pelosi Jr. was Vice President at the time, also won an Atlanta City Council resolution to turn waste restaurant grease into biofuel.
A councilman was subject to an ethics complaint over the vote, but the contract was never taken up, and neither Pelosi Jr. nor the company itself were charged in the FBI bribery probe.
FOGFuels was dissolved at the end of 2015. In 2018, Marshall was sentenced to six years in federal prison for defrauding investors, after cooperating with the FBI on the bribery case. He was released in 2020.
Guys, I’m starting to think Paul Pelosi Jr. might be corrupt.
In 2014 Pelosi Jr. moved on to two new roles. The first was as Independent Director of Los Angeles-based drug company Targeted Medical Pharma, which, a year after Pelosi Jr. left the firm, was accused by the Food and Drug Administration (FDA) of testing drugs on people without authorization.
Pelosi Jr. quit the company seven months after joining according to SEC filings, and left the FOGFuels position off his LinkedIn resume completely.
Why on earth would Nancy Pelosi’s son have a LinkedIn resume?
After receiving a warning letter, the company told the FDA it ‘complied with all the applicable FDA regulations’, and had not broken any rules because it was not marketing its product, Theramine, as a drug in the US but rather as a ‘medical food’.
Targeted Medical Pharma told DailyMail.com the investigation was ‘a clerical issue on behalf of the FDA’.
The FDA did not take any further action against the company.
Wonder if Nancy had anything to do with that.
Pelosi Jr. did decide to include a new full-time role on his LinkedIn resume in October 2014 as ‘Business Development Executive’ of the Corporate Governance Initiative (CGI) — though he has since removed it.
SEC filings say CGI is ‘a non-profit group’ focused on ‘transparency, capitalism and building sustainable organization[s]’ and that Pelosi was promoted to Executive Director of the organization in December 2015.
Ironically, it was through this ethics-focused job that he developed close ties with an alleged scammer accused by the DoJ of running a fake charity.
In November 2019, prosecutors accused New York-based executive Asa Saint Clair of running a cryptocurrency scam through his charity, the World Sports Alliance, which they described as a ‘sham affiliate of the United Nations’.
Paul Pelosi really is a terrible judge of character, isn’t he? Poor guy.
‘Saint Clair allegedly defrauded investors in IGObit, a digital currency he claimed WSA [World Sports Alliance] was developing, but which turned out to be the fraudulent bait with which to lure victim investors,’ the DoJ said.
Prosecutors say the alleged fraudster recruited investors between 2017 and September 2019 by claiming their money would help developing countries around the world – but instead used the cash ‘to pay his personal expenses, including dinners at Manhattan restaurants, airline tickets, and online shopping.’
Saint Clair, who was reportedly arrested in California trying to get on a plane to Madagascar by way of Paris, has been charged with wire fraud and faces up to 20 years in prison if convicted. He is pleading not guilty. His case is due to be heard in March.
Pelosi Jr. endorsed the allegedly fraudulent digital currency on its website in January 2018, saying: ‘IGOBit is the absolute best offering I have ever seen.’
The son of the House Speaker is endorsing scam digital currencies like those scumbag MLM hucksters you went to high school with.
That’s not the end of it, though. There’s even more fraud and shady dealings in this guy’s history:
Oroplata Resources, a lithium mining company, announced Pelosi Jr. had joined the firm as a Senior Advisor in July 2016.
One month earlier, Oroplata’s company leadership was accused of ‘breaching its fiduciary responsibility’ and ‘fraudulently’ issuing $26 million of shares without the approval of the board of directors, according to a 2018 Nevada civil lawsuit.
The lawsuit, which was brought by Oroplata against its old management, claimed that the former Chairman, President and CEO awarded 16 million shares worth $26 million ‘to themselves and close ally recipients’ without board approval, a move the lawsuit described as ‘fraudulent’.
The company has since changed its name to American Battery Metals Corporation.
A source close to the company told DailyMail.com that Pelosi Jr. received 2.8 million of the allegedly fraudulent shares in July 2016. The source said Pelosi Jr. bought the shares for $2,800, when their market value was between $4,228,000 and $5,152,000.
Wow, just like his mother: one of the greatest stock investors ever. Turning $2,800 into $4.2 million–hell of a trade!
According to Boston federal prosecutors, the alleged fraudulent share scheme was one of a collection of stock scams all coordinated by a Swiss financier, now convicted for the $164 million securities fraud.
In January 2020 the man at the center of the huge ‘pump-and-dump’ scheme, Swiss asset management firm owner Roger Knox, 49, pled guilty to securities fraud.
Documents from the federal case say Oroplata was one of several companies ensnared in the scheme.
Knox now faces a sentence of up to 20 years in prison, three years of supervised release and a fine of $5 million.
Pelosi Jr. was not named in the criminal case or the Nevada civil case brought by Oroplata.
Pelosi Jr. declined to comment when contacted by DailyMail.com.
Again: Democrats are the mafia. Everything they do makes a lot more sense once you understand this.
Our government is controlled by gangsters.
This story will almost certainly go nowhere with the other mainstream media outlets. I wonder if even Fox News will cover it.
That’s what it’s like to be a Democrat. You are untouchable.
You are Made.
Democrats = mafia.
Meanwhile, in the UK, the Prime Minister, Boris Johnson, has gotten himself in a right bit o’ Barney (ie. he’s engulfed in a scandal) that could ultimately cost him his job. What did he do? He had a party in his backyard while the nation was under lockdown.
On Wednesday, Mr. Johnson apologized for attending a gathering in May 2020 that apparently violated the lockdown rules he had imposed on England. The party was held in the garden of No. 10 Downing Street, where British prime ministers both live and work, and staff were asked to “bring your own booze.”
Mr. Johnson said he thought it was a work event, but that did little to mollify critics.
It’s the latest of a series of reports about parties in Downing Street while restrictions were in force, claims that have depressed the Conservatives’ opinion-poll ratings and led to the tearful resignation of an aide who was caught on video laughing about a Christmas “wine and cheese” gathering. A senior civil servant, Sue Gray, has been assigned to investigate reports of no fewer than seven parties that might have breached rules in 2020.
The most recent disclosure is the most serious for several reasons. After insisting for weeks that all rules were followed, Mr. Johnson has admitted being present at an event to which dozens of people appear to have been invited, at a time when the restrictions prohibited socializing with more than one other person, even outside, in almost all circumstances.
Some lawmakers responded to Mr. Johnson’s apology with testimony from people who were barred from visiting dying relatives.
Now, I don’t bring up the “Partygate” ordeal that is unraveling ‘cross the pond to laugh about the absurdity of it.
Boris Johnson absolutely should be sacked for Partygate. He imposed strict lockdown rules on the ordinary people while brazenly flouting them himself. He should be held accountable, and the elites should not be held to a different standard than the commoners.
I bring this up to show you the difference between the US and the UK. In the UK, they actually have accountability.
In the UK, they’re in an uproar over the Prime Minister having a party in his backyard during the lockdowns.
In the US, people will hardly bat an eye over the fact that the son of the House Speaker has spent the past 15 years landing lucrative jobs at fraudulent companies based off his family name.
It feels like corruption in America is so rampant, and so prevalent at the highest levels, that we’ve become numb to it. We know it happens all the time, and we know nothing will ever be done about it. Americans have basically waved the white flag: corruption has won. Our politicians (and their relatives) are de facto allowed to be corrupt.