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Home > Embattled EPA Chief Pruitt, Involved In Shady 2011 Real Estate Deal

Embattled EPA Chief Pruitt, Involved In Shady 2011 Real Estate Deal [1]

"As Oklahoma attorney general, Pruitt made $70,000 flipping a Tulsa property under questionable circumstances"

"Scott Pruitt, President Trump’s embattled EPA administrator, finds himself under attack this week after news broke that he had rented a Washington townhouse at below-market rates from the wife of a lobbyist who represents major fossil fuel companies. That was not the first time Pruitt has exercised questionable judgment around a property transaction, according to documents obtained by the Center for Media and Democracy, a nonprofit watchdog group.

In 2011, Pruitt and his wife, Margaret, bought a property in Tulsa, Oklahoma, just days before a court ruled that it had been fraudulently transferred by a Las Vegas developer who was on the hook for a $3.6 million loan default. Pruitt, who was then Oklahoma attorney general, apparently flipped the property for a $70,000 profit four months later, selling it to a dummy corporation set up by a major campaign contributor, Kevin Hern.

Hern, a successful Tulsa businessman and the finance chair of the Oklahoma Republican Party, has been a major donor to Pruitt and other Republican candidates in the state over the years. According to records on file with the Oklahoma Ethics Commission, Hern contributed $3,500 to Pruitt between 2010 and 2014, and has given a total of $33,625 to Oklahoma candidates since 2006."

Arn Pearson reports for Salon April 5, 2018. [2]

Environmental Politics [3]
Government [4]
Laws & Regulations [5]
National (U.S.) [6]
Public [7]
Source: Salon [2], 04/06/2018
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Source URL:https://www.sej.org/headlines/embattled-epa-chief-pruitt-involved-shady-2011-real-estate-deal

Links
[1] https://www.sej.org/headlines/embattled-epa-chief-pruitt-involved-shady-2011-real-estate-deal [2] https://www.salon.com/2018/04/05/exclusive-scott-pruitt-trumps-epa-chief-involved-in-shady-2011-real-estate-deal/#.WsZ9pA9Zv6k.twitter [3] https://www.sej.org/category/topics-beat/environmental-politics [4] https://www.sej.org/category/topics-beat/government [5] https://www.sej.org/category/topics-beat/laws [6] https://www.sej.org/category/region/national [7] https://www.sej.org/taxonomy/term/81