Good to Be the Queen: Creative Accounting: Pelosi and Reported COVID Fund Investments

Advertisement

...The two of its investors in the Auberge du Soleil, a five-star hillside hotel and spa. 

The Auberge du Soleil investment, held for decades by Paul Pelosi, has rarely turned a significant profit, until 2021. 

Then, Pelosi’s private holdings, such as the Auberge du Soleil resort, received upwards of $28 million in pandemic-related taxpayer funds, including the PPP, the COVID-19 Economic Injury Disaster Loan, and a special grant program for restaurants. 

For example, the Restaurant Revitalization Fund, one of the additional programs launched by the new round of pandemic spending, provided $5 million to the Auberge du Soleil in June 2021. 

The first PPP loan, awarded the previous year, provided $2.9 million – helping the Pelosis earn millions on an investment that has rarely turned a significant profit, according to Nancy’s ethics disclosures. 

This is unusual.

Beege Welborn

She's so damn crooked.

Join the conversation as a VIP Member

Trending on HotAir Videos

Advertisement
Advertisement
Advertisement