The Rising Prince – House Speaker Nancy Pelosi’s Son Paul Pelosi Jr Exposed

There has been a fair bit of ruckus surrounding Nancy Pelosi’s son who has gotten himself exposed quite recently. Concerns have been raised over his connections to the criminal underworld.

House Speaker Nancy Pelosi’s son, Paul Pelosi Jr., has now been chastised by the Daily Mail for his strong ties to “a slew of fraudsters, rule-breakers, and convicted criminals,” despite the fact that he’s never gotten charged.

Pelosi Jr., formerly branded the “rising prince” of the Pelosi political dynasty by the now-defunct Men’s Vogue, had “years-long repeated business dealings” with unpleasant personalities, maybe to court favor with the Democrat’s influential household.

According to the Daily Mail, Pelosi Jr.’s connections to suspected lawbreakers encompass:

• The 52-year-old served on the board of a biofuel firm that deceived shareholders, per an SEC judgement, and whose CEO was prosecuted of bribing Georgia authorities
• Pelosi Jr. was the chairman of an environmental investment company that was discovered to be a front for multiple sentenced scammers
• He entered a lithium mining business and reportedly got millions of shares as part of a $164 million swindle
• He was the vice president of a corporation that had previously been involved in an inquiry into fraud calls targeting senior citizens
• He has tight corporate connections to a man charged by the Department of Justice of operating a bogus UN charity and stealing shareholder money
• According to an FDA inquiry, a medical company for which Pelosi Jr. worked tested medications on individuals lacking FDA approval

“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,” according to the report.

For instance, Paul Pelosi was hired as Senior Vice President at data company InfoUSA, earning $180,000 annually, all while working as a full-time loan officer at Countrywide Home Loans in San Mateo and having no background in database marketing. According to authorities, throughout 2001 and 2004, before Pelosi Jr. entered the firm, InfoUSA intentionally sold criminals millions of Americans’ personal information, that was subsequently used to defraud senior citizens out of their entire life savings.

According to a New York Times investigation article from 2007, InfoUSA sold a list of 500,000 gamblers over age 55 called ‘Oldies but Goodies’, which described its members as ‘gullible’.

According to the Times, InfoUSA also sold lists of people with cancer or Alzheimer’s called ‘Suffering Seniors.’ The data agency disputed that such titles appeared on their lists.

Iowa investigators found emails showing InfoUSA staff knew the firms they were selling to were being investigated for fraudulently targeting old people, but continued to sell the data regardless, the state’s AG said. -Daily Mail

Inc.com has more on Gupta:

How about this for a story? A man leaves India for Omaha with $58 in his pocket. He starts a company in 1972 that reaches peak revenue of $400 million, spends a night in the Lincoln bedroom, puts Bill Clinton on its payroll, sails Bill on his 80-foot yacht with an all-female crew, and flies Hillary Clinton to campaign events on his corporate jet.

And he’s as happy as a clam — despite getting sued by shareholders, being pushed out as CEO, incurring over $12 million in debts to settle shareholder lawsuits, and using insurance to pay $13 million to settle a lawsuit alleging that he sold his company — netting him $150 million for his 40% stake — at too low a price.

The man is Vinod Gupta, former CEO of InfoUSA, a company that built a database that marketers use to sell everything from consumer products to politicians.

Gupta got himself into a larger-than-life heap of trouble.

According to the Daily Mail, several people actually believed Gupta hired Pelosi Jr. to gain favor with his influential mother. At the time, Jr. refuted this.

“I don’t think that’s really what happens,” Paul told 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?”

Concurrently, Paul was hired as the president of Natural Blue Resources, an ecological investment firm. Thus according accusations filed against the firm in 2014, Pelosi Jr. was persuaded, together with defunct New Mexico governor and Attorney General Toney Anaya, to develop the company and purportedly uncover new subterranean aquifers in New Mexico.

A SEC investigation, nevertheless, discovered that the business was “secretly controlled” by two condemned felons, allowing Pelosi Jr. and colleagues to “personally profit from the company without disclosing their past brushes with the law to investors.”

James Cohen and Joseph Corazzi are the two guys in question.

Corazzi had already been accused with violating federal securities laws and was indefinitely disqualified from operating as an executive of a public business. Cohen had already been imprisoned for financial fraud.

Pelosi Jr. was not charged, despite the fact that Anaya was. Pelosi Jr. was chairman and board member of Natural Blue for five months after the firm went public in August 2009, and he also sat on the board of an organization managed by Cohen’s wife. -From the Daily Mail

The SEC determined that Pelosi Jr. didn’t play a “meaningful role” in one of Natural Blue’s important transactions, and that he “strenuously object[ed]” to planned fundraising contracts before being removed from the board by the alleged scammers and eventually testifying for the prosecution.

Then, in October 2013, Paul accepted a position as Vice President of FOGFuels, a biofuel firm, just one month after the SEC stated that the business and its owner, Paul Marshall, had been charged with securities fraud (via the Mail).

Marshall managed to steal $3 million mostly from elderly venture capitalists in FOGFuels and another one of his businesses, according to the federal complaint, ‘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.’

Simultaneously, an Atlanta, Georgia executive was convicted of assisting Marshall’s wireless network company in obtaining city deals in compensation for bribes.

Marshall consented to assist with authorities in his $3 million fraud lawsuit and was not indicted in the bribery scandal.

FOGFuels, whose Vice President at the time was Pelosi Jr., also obtained an Atlanta City Council resolution to convert leftover restaurant grease into biofuel. -From the Daily Mail

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