Company Founded by Nancy Pelosi’s Son Charged With Securities Fraud, His Involvement Unclear
Paul Pelosi Jr. is the son of Nancy Pelosi and her husband, Paul. As
prominent Democrats, they have been able to use their considerable
influence to acquire wealth and to pave the way for their son to become
wealthy.
That way got a little muddled on Wednesday when the Securities and Exchange Commission
charged
a company which was co-founded by Pelosi Jr with fraud. It seems that
they had two previously convicted securities criminals at the helm.
Pelosi Jr. founded and was the president and Chief Operating Officer
of Natural Blue Resources Inc., an investment company specializing in
“environmentally-friendly” ventures.
It’s no surprise that the Pelosi family is involved in making money
off of the environment, given the fact that Nancy was the one who first
introduced the UN Agenda 21 mandates into the House back in 1992.
They’ve been pushing the green energy conversion since before then.
Mandated “environmentalism” makes great financial sense for them
personally, although it carries a heavy price tag for the nation.
Four individuals were charged with fraud, including former New Mexico Governor Toney Anaya.
The SEC alleges that the company was “secretly controlled by James E.
Cohen and Joseph Corazzi. Both men have previous convictions for fraud,
with Cohen having been incarcerated.
The two claimed to be “outside consultants,” but are alleged to have
actually been the persons managing the operation, to the tune of
hundreds of thousands of dollars in profits.
The SEC also announced that the company has failed to file any
periodic reports with the SEC in the last four years, which they are
required by law to do.
A fourth individual, Erick Perry is also accused, as is Anaya, of
misleading investors by failing to disclose the involvement of Cohen and
Corazzi in the company.
Paul Pelosi’s current connection to the company is a point of
contention which is still being established. He is still listed as the
president with the New Mexico Office of the Secretary of State, Business
Service Division.
He founded the company in 2009, with a stated mission to “create,
acquire, or otherwise invest in environmentally-friendly companies,
including an initiative to locate, purify, and sell water recovered from
underground aquifers in New Mexico and other areas with depleting water
resources.”
With the EPA’s new interest in regulating all of the private land in
the United States by regulating all of our water, one has to wonder just
how Ms. Pelosi’s son might have been planning on profiting from the
business opportunities her green agenda were creating, at our expense.
Rick Wells is a conservative author who recognizes that our nation,
our Constitution and our traditions are under a full scale assault from
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