Paul Pelosi Jr., the son of House Minority Leader Nancy
San Fran NanPelosi
Congresswoman-for-Life from the San Francisco Bay Area, born into a family of professional politicians. On-again-off-again Speaker of the House. It's not her fault when they lose, but it's her accomplishment when they win. Noted for her heavily botoxed grimace and occasional senior... uhhh... moments...(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.
... which you can bet she's long since dumped. But it wouldn't be insider trading, really. Just ask her. You were going to ask, weren't you?
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.
Related:
Paul Pelosi: 2019-10-05 BOOM: Nancy Pelosi's son DID ENERGY Business in UKRAINE!
Paul Pelosi: 2010-04-20 Envoy had business ties to Pelosi's husband
Paul Pelosi: 2007-12-28 Pelosi, Reid, Huckabee, Obama Among Nation's "Most Corrupt"
Paul Pelosi: 2019-10-05 BOOM: Nancy Pelosi's son DID ENERGY Business in UKRAINE!
Paul Pelosi: 2010-04-20 Envoy had business ties to Pelosi's husband
Paul Pelosi: 2007-12-28 Pelosi, Reid, Huckabee, Obama Among Nation's "Most Corrupt"