Crime

BREAKING: Pelosi’s Insider Trading Scandal Explodes … LOCK THEM UP!

This is outrageous! The Pelosi family is getting rich while the rest of America suffers.

They are using their position of power to make money for themselves, and it’s sickening. How are they doing this? Well, it’s simple. They are using their inside knowledge to make trades that will make them a lot of money.

They are buying stocks that they know are going to go up in value, and then selling them at a profit. It’s easy for them to do this because they have access to information that the average person doesn’t. This is unfair and it needs to stop. The Pelosis need to be held accountable for their actions.

They are taking advantage of their position, and it’s time for them to pay the price …

Fox News reported:

Paul Pelosi, the multimillionaire husband of former House Speaker and current Rep. Nancy Pelosi, D-Calif., sold 30,000 shares of Google stock a month prior to the Dept. of Justice’s announcement of an antitrust lawsuit against the tech giant, according to a financial disclosure filed with the House of Representatives.

Pelosi reported the sale of Google stock in three different transactions between Dec. 20 and Dec. 28, 2022, each of which involved the sale of 10,000 shares of stock in Google’s parent corporation Alphabet Inc. The Periodic Transaction Report filed with the Housenotes that each transaction involved an amount between $500,001 and $1,000,000 and yielded capital gains of more than $200 — although it’s unclear how large the profit was. Taken together, the trades involved 30,000 shares and between $1.5 million and $3 million of assets.

The DOJ and eight states announced a lawsuit against Google on Tuesday, alleging that the company engaged in anticompetitive behavior and exercised a monopoly over internet search traffic.

“Google’s anticompetitive behavior has raised barriers to entry to artificially high levels, forced key competitors to abandon the market for ad tech tools, dissuaded potential competitors from joining the market, and left Google’s few remaining competitors marginalized and unfairly disadvantaged,” the DOJ and the states allege.

The Pelosi family’s stock transactions have attracted scrutiny in recent years. Prior to Congress’ passage of the CHIPS Act last year, which was ultimately signed into law and provided a roughly $52 billion subsidy to boost domestic computer chip production, Paul Pelosi bought between $1 million and $5 million in shares of Nvidia.

In July, a spokesman for then-Speaker Pelosi’s office told FOX Business that she “does not own any stocks” and “has no prior knowledge or subsequent involvement in any transactions.”

The spokesman said that Pelosi asked the House committee tasked with regulating members’ financial disclosures to “examine the issue of Members’ unacceptable noncompliance with the reporting requirements in the STOCK Act, including the possibility of stiffening penalties.” Legislation to ban members of Congress from trading stocks stalled at the end of the 117th Congress, although lawmakers have since reintroduced proposals on the subject.

Pelosi’s office did not immediately respond to FOX Business’ request for comment on this story. READ MORE AT Fox News HERE

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