"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.
Embattled EPA Chief Pruitt, Involved In Shady 2011 Real Estate Deal
Source: Salon, 04/06/2018