Revealed: Pelosi's Son Has Criminal Business Ties

Written By BlabberBuzz | Tuesday, 18 January 2022 01:15
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According to a new report, Speaker of the House Nancy Pelosi’s son is linked to criminal-run companies that had multiple near-misses with the law.

While Paul Pelosi Jr. has never been charged, a new report from The Daily Mail suggests he has ties to or worked for at least five companies that federal prosecutors investigated for various fraud and scamming schemes.

Shortly after his mother assumed the role of Speaker of the House in 2007, Pelosi Jr. took a six-figure position at InfoUSA. The company was run by Vinod Gupta, a notable Democrat donor who was under investigation for allegedly selling consumers’ data to criminals who used it to scam vulnerable populations such as senior citizens.

Two years later, Pelosi Jr. assumed presidency of Natural Blue Resources, an environmental company, after convicted fraudsters James Cohen and Joseph Corazzi recruited him so they could “personally profit from the company without disclosing their past brushes with the law to investors.”

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Pelosi Jr. became Vice President of biofuel company FOGFuels in 2013, one month after the Securities and Exchange Commission filed charges against FOGFuels and founder Paul Marshall. According to the Daily Mail, Pelosi Jr. “left the FOGFuels position off his LinkedIn resume completely.”

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In 2014, he became the independent director of Targeted Medical Pharma, and left the company after just seven months. Shortly thereafter, the company was accused of conducting unauthorized trials by the Food and Drug Administration. The company was eventually cleared of wrongdoing.

In late 2014, Pelosi Jr. became business development executive and later executive director of a “transparency” nonprofit called Corporate Governance Initiative. During his time at CGI, Pelosi Jr. grew close with alleged fraudster Asa Saint Clair who reportedly ran a cryptocurrency scam through his United Nations-affiliated charity, the World Sports Alliance. Saint Clair referred to Pelosi Jr. as “a longtime associate, both business and personal.”

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In 2016, Pelosi Jr. joined lithium mining company Oroplata Resources one month after the company was accused of issuing fraudulent shares. Pelosi allegedly received at least 2.8 million of these shares.

Pelosi Jr. has never been charged with crimes relating to these cases, yet the revelations raise questions about his ties to criminal activity and his family’s financial dealings.

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Pelosi and her husband, Paul Pelosi, have poured quantities of money into the stock market and profited millions off of shares largely staked in Big Tech stocks such as Alphabet, Google’s parent company. According to disclosure forms collected in the House, Pelosi has reported holding stocks in Microsoft, Roblox, Netflix, and recently sold Facebook and Apple shares.

The speaker has been accused of trading stocks using inside information in the past.

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