Posted: December 29, 2019
Category: NATIONAL HEADLINES
The firm InfoUSA, headed by major Clinton backer Vinod Gupta, has placed Pelosi’s son, Paul Pelosi Jr., on its payroll – even though he has no experience in the company’s main business activities, NewsMax has learned.
As NewsMax previously reported, InfoUSA repeatedly rented marketing databases to unscrupulous persons who used the information to defraud the unsuspecting elderly, investigators found.
The company is also under fire in a shareholder lawsuit which alleges that Gupta is appropriating company funds for personal use and his political pet projects.
Shareholder critics are furious that Gupta had InfoUsa pay former President Bill Clinton $2.1 million in “consulting fees” since he left the White House, with another $1.2 million promised.
Pelosi’s son Paul acknowledged he has also been taking trips on corporate jets provided by Info USA.
Just four weeks after Nancy Pelosi became speaker of the House this past January, Gupta and InfoUSA hired her son as a senior vice president. He told NewsMax InfoUsa pays him $180,000 a year.
Even though his job with InfoUSA is considered full-time, Paul Pelosi continues another full-time job, as a home loan officer at Countrywide Home Loans, part of Countrywide Financial, in San Mateo, a suburb of San Francisco.
While InfoUSA is based in Omaha, Pelosi said he reports to a small InfoUSA office in San Mateo.
In two interviews, Paul Pelosi confirmed that Gupta hired him as senior vice president for strategic development starting Feb. 1, just after Pelosi’s mother took the gavel as speaker on Jan. 4. He said his mother is aware of his new job.
A person familiar with the arrangement says Gupta treats Pelosi as a “trophy” and has the Speaker’s son accompany him at high profile meetings around the country.
Pelosi denied the suggestion he is being used because of his family ties.
“I don’t think that’s really what happens,” he said.