Monday, January 14, 2019

Nancy Pelosi's son charged with securities fraud

Paul Pelosi, Jr. Company Founded by Nancy Pelosi39s Son Charged WithThe Securities and Exchange Commission (SEC) charged a company co-founded by Paul Pelosi Jr. with fraud on Wednesday 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 co-founded 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. Read More at: Washington Times

1 comment:

  1. I don't expect to see this news item on CNN, MSNBC,ABC,NBC or CBS.

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