It would appear that another scandal is brewing with yet another son of a prominent and influential politician – perhaps dealing in a little “quid pro quo.”
Paul Pelosi Jr. son of House Speaker Nancy Pelosi, seems to have followed the exact same pattern as Hunter Biden. He was given a lucrative “no show” position in 2007 with an energy company called InfoUSA for $180,000 a year and a title as the company’s vice president for Strategic Planning — without ever setting foot within the company, and with no actual experience within the field of energy.
It’s also been widely reported that the 50-year-old son of the Speaker traveled extensively to Ukraine in 2017, as a board member of another energy company called Viscoil, and that the Speaker even appeared in a company video promotion on behalf of the company according to reporter Patrick Howley, which would seem at best a conflict of interest.
Even more problematic according to Howley, shortly after Nancy Pelosi became Speaker of the House, Paul Jr., was hired by InfoUSA, however, kept his other full-time day job as a mortgage loan officer for Countrywide Loans in California. And, unlike all of the other InfoUSA employees, Paul Pelosi Jr. never reported for work at the company’s headquarters in Omaha. In short, he was getting paid $180K annually in a “no show” job.
Here’s where it gets even more interesting. According to Newsmax, the firm InfoUSA is headed by major Clinton backer Vinod Gupta, who personally hired Pelosi’s son and put him on the payroll, even though he has no experience in the company’s main business activities.
Newsmax has reported on Paul Pelosi’s shady dealings since 2007, moreover, according to news sources, InfoUSA was reportedly involved indirectly within a Ponzi scam that defrauded unsuspecting elderly individuals, by renting their marketing databases to unscrupulous entities, without vetting them.
The company is also being investigated in a shareholder lawsuit which alleges that Gupta is appropriating company funds for his own personal use including questionable political projects, which might prove embarrassing for Speaker Pelosi, in light of her son’s employment.
The company’s unsavory shenanigans have shareholders furious regarding former President Bill Clinton (a Gupta ally), being paid $2.1 million dollars for bogus “consulting fees” since he left the White House, with another $1.2 million promised.
In two separate interviews, Pelosi Jr. admitted that Gupta hired him on February 1st just after his mother became Speaker of the House on January 4th as a senior vice president for strategic development, a profession he knows nothing about.
A person familiar with the arrangement says Gupta treats Pelosi Jr., as a “trophy” and has the Speaker’s son accompany him at high profile meetings around the country.
Pelosi Jr. denies the suggestion he is being used because of his family ties.
“I don’t think that’s really what happens,” he said.
Perhaps to better understand the Pelosi connections and how it benefits them in having Nancy Pelosi as Speaker of the House is to take a brief look back at Pelosi’s Jr., nefarious business dealings, which to some degree mirrors that of Hunter Biden.
Back in 2014 Pelosi Jr., co-founder, and chief operating officer of a securities firm named Natural Blue Resources Inc., was charged with securities fraud connected to Ukraine.
The SEC (governing body), charged four individuals with fraud, including former New Mexico Gov. Toney Anaya, and suspended trading in the company’s stock. Pelosi Jr. owned over 10 million shares in the company since 2009.
The SEC uncovered that Pelosi Jr., “fronted” for the company on documents as the “President and co-founder” when in actuality the company was “secretly controlled” by James E. Cohen and Joseph Corazzi, both of whom had previous fraud convictions.
The question that remains to this day, is why Paul Pelosi Jr., hasn’t been convicted of securities fraud, along with the other four?