British newspaper Daily Mail has exposed financial scandal of Democratic stalwart Nancy Pelosi’s son who has also been involved in some business dealings with suspicious companies. The report also exposed connections of Paul Pelosi, son of House Speaker Nancy Pelosi with a host of fraudsters, rule-breakers, and convicted criminals.
According to an exclusive report, DailyMail.com notes that Paul Pelosi, son of House Speaker Nancy Pelosi, has been involved in business dealings with at least five companies that have been subjected to federal investigations, but that he himself has never been charged.
“A shocking paper trail shows Paul Pelosi Jr.’s connections to a host of fraudsters, rule-breakers, and convicted criminals,” the outlet reported, adding: “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?”
Though his mother once promised to lead “the most honest, most open, most ethical Congress in history,” Paul Pelosi Jr. has been associated with “a staggering wake of criminal colleagues, fraudulent companies and federal investigations,” DailyMail.com noted further.
The outlet’s investigation found that Paul Pelosi is involved with these five firms:
— He joined the board of a biofuel company after investors were defrauded, according to a Securities and Exchange Commission ruling. The company’s CEO was convicted after bribing officials in Georgia.
— Pelosi was president of an environmental investment company that was actually a front for two people who had been convicted of fraud.
— He became the vice president of a firm that had been involved in a probe of scam phone calls targeting senior citizens.
— He became part of a lithium mining company and got millions of shares that were allegedly issued as “part of a massive $164 million fraud.”
— He has a close business relationship with a man the Justice Department has accused of running a phony United Nations charity that stole money from investors.
— A Food and Drug Administration investigation found that a medical company he worked for tested medications on people without the agency’s authorization.
But, DailyMail.com points out, Paul Pelosi himself has always escaped without any charges filed against him, most definitely because of secret interference of his mother.
Nevertheless, the outlet adds, “House Speaker Nancy Pelosi is unlikely to be comfortable with the string of convicted criminals and subjects of federal probes DailyMail.com has uncovered as her son’s business partners.”
Some speculated to DailyMail.com that Paul Pelosi really is above the fray and that he was tapped by shady companies in a bid to curry favor with a very politically powerful family.
And he himself has tried to maintain a pure image of someone who is motivated by green policies and technologies.
In 2007, for instance, Men’s Vogue magazine dubbed Nancy Pelosi’s son Paul Pelosi as the “rising prince” of the Pelosi political dynasty. At the time, his mother, who herself is from a politically dominant Maryland family, had just become House Speaker.
Meanwhile, his father, Paul Pelosi Sr., is a successful investor and businessman, while his cousin, Gavin Newsom, is governor of California.
But his string of associations with suspected or convicted fraudsters began around the time his mother became Speaker and continued into the Trump administration, with the principal of the last company he was associated with, Oroplata Resources, a lithium mining company, pleading guilty to securities fraud in January 2020.
Pelosi Jr.’s questionable business associations mirror those of Joe Biden’s son, Hunter, who has also been accused of shady dealings with foreign companies from Ukraine and China.
In November, New York Post columnist Miranda Devine, who has just released a book providing new details into Hunter Biden’s dealings and schemes, reported that the president’s son was paid millions to help spread Chinese influence in the U.S.
Specifically, Miranda Devine charged, citing documents and materials from the infamous laptop Hunter reportedly abandoned at a computer repair shop in 2019, he was paid US$10 million and handed an US$80,000 diamond ring for providing access and assistance to a Chinese energy company named CEFC.
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