Chip Off the Old Block: Company Founded by Nancy Pelosi’s Son Paul Jr. Is Charged with Securities Fraud

Thursday, November 14, 2019
By Paul Martin

by Jim Hoft
TheGatewayPundit.com
November 14, 2019

Quid-Pro-Joe and his son Hunter are not the only Democrat family members cashing in on their prominent positions.

Like many Democrats Paul Pelosi Jr. has made a career off of his mother’s political stature. Shortly after his mother became the first woman speaker, Paul Pelosi Jr., was hired by InfoUSA for $180,000 a year as its vice president for Strategic Planning.

Nancy Pelosi’s son Paul is also on the board of an energy company.
Paul Pelosi Jr. also traveled to Ukraine for his work.

AND — Better Yet — Speaker Nancy Pelosi even appears in the company’s video ad!

According to Patrick Howley at National File Speaker Pelosi’s son Paul Jr. was an executive at Viscoil.

Paul Jr. traveled to Ukraine in 2017.

But this week one of Paul Jr.’s businesses he co-founded was charged with securities fraud.

The Washington Times reported:

“The Securities and Exchange Commission (SEC) charged a company cofounded 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 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.

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