Paul Pelosi, Jr., son of House Speaker Pelosi, has potential fiscal ties to Ukraine, among other problems
As the intricate web of foreign business interest ties to American politicians becomes more clear, it turns out that the progeny of the Speaker of the House may be entangled in its threads.
Paul Pelosi, Jr., Rep. Nancy Peloi’s son, recently appeared on Ukrainian television UATV to talk about his business in the country.
Pelosi, executive director of the Corporate Governance Initiative, was asked why he was in Kiev.
“Today we’re here to talk about soccer,” Pelosi said.
“We recently got an endorsement from the world sports alliance and we’ve spoken with the Ukraine government about collaboration for soccer for young people,” he said.
“Ukraine has a great history in soccer and we hope to share in that tradition going forward.”
Of course, that video setting has now been changed to “Private”.
However, there is another video covering Viscoil that is still up as of this writing. It may shed light on a more likely reason for the Ukrainian interest by the Pelosi family.
Paul Pelosi Jr. is a member of management team of Viscoil Group of Companies and NRGLab. Paul Pelosi Jr. is interested in developing clean energy that can replace gasoline and diesel as transportation fuel sources.
Interestingly, another video indicates that Pelosi’s NRGLab did business in Ukraine.
Walter Afanasieff, Brandon Stone, Mika Newton and other artists are actively involved in promoting the clean technology of Viscoil Group of Companies and NRGLab. For example, Mika Newton helped to secure the rights to build a plant for the production of SH-boxes in Ukraine
The introduction in the first video above is given by Nancy Pelosi, in which she touts Obama “elevating science to a higher place in our national priorities. It is science, science, science…and science”. Arguably, it was corruption that got elevated.
No wonder President Donald Trump has been the target of so much political hatred since he announced his candidacy and through his presidency. The politically connected have much to protect, and parents are highly protective of their children.
However, this is not Paul Pelosi’s first potential brush with scandal. Back in 2014, the Securities and Exchange Commission (SEC) charged a company co-founded by Pelosi Jr. with fraud after learning that two convicted criminals were running the business.
Paul Pelosi Jr., the son of House Minority Leader Nancy Pelosi (D., Calif.), was the president and chief operating officer of Natural Blue Resources Inc., an investment company he cofounded that focuses on “environmentally-friendly” ventures.
The SEC charged four individuals with fraud, including former New Mexico Gov. Toney Anaya, and suspended trading in the company’s stock. Pelosi owned over 10 million shares in the company in 2009.
The SEC said Wednesday the company was “secretly controlled” by James E. Cohen and Joseph Corazzi, both of whom had previous fraud convictions. Corazzi violated federal securities laws and was barred from acting as an officer or director of a public company. Cohen was previously incarcerated for financial fraud.
Furthermore, it turns out Nancy Pelosi’s son may also be getting jobs for which he has no obvious qualifications. The firm InfoUSA, headed by major Clinton backer Vinod Gupta, has placed Pelosi’s son, Paul Pelosi Jr., on its payroll – even though he has no experience in the company’s main business activities, NewsMax has learned.
As NewsMax previously reported, InfoUSA repeatedly rented marketing databases to unscrupulous persons who used the information to defraud the unsuspecting elderly, investigators found.
The company is also under fire in a shareholder lawsuit which alleges that Gupta is appropriating company funds for personal use and his political pet projects.
…Pelosi’s son Paul acknowledged he has also been taking trips on corporate jets provided by Info USA.
I am so looking forward to our press reviewing other incidences of nepotism involving Congress. After all, it went into such detail on both concerns with President Trump, surely our journalists will begin processing the information our team has assembled to develop even more detailed stories.
Meanwhile, I will kick back and enjoy President Trump’s Twitter stream, which seemingly contains a far more fact-base assessment of what is happening with both the American media and its Congress.
AS THE SPEAKER OF THE HOUSE PUSHES A BS IMPEACHMENT AGENDA AND FORCES TRUMP TO RELEASE HIS TAXES, PELOSI HAS HER OWN QUESTIONABLE FINANCES TO ANSWER FOR.
IN 2011 A 60 Minutes Report Examined The Ways That Nancy Pelosi & Members Of Congress Trade On Inside, Privileged Information To Make Themselves Rich — Without Breaking Any Laws.
Even though many positions in the federal government are bound by conflict of interest laws, Congresspeople are exempt from insider trading rules and are perfectly free to make business deals based on information they learn through their jobs.
Schweizer and his team have looked at financial transactions made by Representatives and Senators and found that many, including the past three House Speakers, have made deals that appear to be based on non-public information that they had access to thanks to their position in Washington. Schweizer calls it “honest graft,” since many people would consider it unethical, even though it’s not illegal.
Nancy Pelosi has participated in eight IPOs, including some involving companies that had business before her House. Schweizer says that giving a Senator or Congressperson pre-IPO shares in a company is allowed under current rules, even though giving them an equal amount in cash would be considered a illegal bribe.
Former Speaker of the House-and current Minority Leader-Nancy Pelosi apparently bought $1 million to $5 million of Visa stock in one of the most sought-after and profitable initial public offerings (IPO) in American history, thwarted serious credit card reform for two years, and then watched her investment skyrocket 203%.
A Pelosi spokesperson criticized the 60 Mintues report, though he did not actually deny the facts that were presented.
The problem, of course, is that not only are these transactions perfectly legal under existing law, the people who benefit the most are the ones who write the laws.
Naturally, most members of Congress don’t seem eager to take away these special benefits that can turn humble public servants in the multi-millionaires.
Meanwhile, when Wall Street insiders make similar moves, they end up in jail.
Nancy Pelosi’s Husband Snared In SunEdison Stock Scandal
SHADY STOCK TRADES DOG PELOSI
Martha Stewart served 5 months in prison for similar insider trading. And Nancy Pelosi has a well-earned reputation for shady stock purchases herself, getting shares in lucrative IPOs and trading on inside information gleaned through Congressional meetings.
Paul Pelosi Invested in SunEdison Weeks Before First Wind Purchase
WASHINGTON– House Democratic Leader Nancy Pelosi’s husband bought up to a quarter million dollars of stock in SunEdison, a now financially troubled green energy company just weeks before it announced a major 2014 acquisition that sent its stock price soaring. SunE’s 2014 purchase of wind energy company First Wind “further bolstered the reputation of the company,” wrote one market-watcher at the time. “Perhaps unsurprisingly, SunEdison’s stock soared 29% on news of this acquisition alone.”
Pelosi’s husband, Paul Pelosi, had invested just in time. He bought between $100,000 and $250,000 in SunEdison stock on Oct. 24, 2014, according to congressional financial disclosures. The company announced its First Wind acquisition on Nov. 17.
Pelosi has previously been accused of trading stock based on information gleaned through her official duties. A law passed in the wake of that controversy prohibits members of Congress from using nonpublic information for personal gain. Language in that measure was informally dubbed the ‘Pelosi Provision.’