A series of events has unfolded over the past year, involving allegations of insider trading, cybersecurity breaches, and political connections. Here’s a detailed timeline and uncanny relation between Nancy Pelosi and Luigi Mangione:
October 2023: The Department of Justice (DOJ) launched an antitrust investigation into UnitedHealth Group, focusing on potentially unlawful acquisitions. Meanwhile, UnitedHealth executives, including CEO Brian Thompson and Chairman Stephen Hemsley, began selling large amounts of stock. By February 2024, these transactions totaled $101.5 million.
Enter Nancy Pelosi
January-February 2024: In January, Vin Roberti, a prominent lobbyist with ties to Nancy Pelosi, was hired by cybersecurity firm Palo Alto Networks. On February 12, Paul Pelosi, Nancy Pelosi’s husband, purchased call options in Palo Alto Networks valued between 14 Million.
On February 20, Palo Alto Networks’ stock dropped 20% after it lowered its revenue guidance. The next day, Paul Pelosi acquired an additional call options in Palo Alto Networks. On February 21, UnitedHealth disclosed the Change Healthcare breach publicly, though connections to Palo Alto Networks were still unclear.
March-May 2024: On March 14, UnitedHealth announced a partnership with Palo Alto Networks to enhance cybersecurity following the breach. Palo Alto’s Unit 42 team and Attack Surface Monitoring tools were deployed. Shortly after, reports emerged linking Vin Roberti’s lobbying role to Nancy Pelosi.
In May, the Hollywood, Florida Firefighters’ Pension Fund filed a lawsuit against UnitedHealth executives, accusing them of insider trading and fraud. These allegations centered on stock sales made prior to the DOJ investigation being publicly known.
October-November 2024: Tim McKnight was appointed Chief Information Security Officer (CISO) at UnitedHealth to strengthen cybersecurity after the breach.
In November, Luigi Mangione, a member of a wealthy Maryland family involved in healthcare and real estate, boarded a bus to New York City days before UnitedHealth announced its Investor Conference. The Mangione family has longstanding ties to Maryland politics, including connections to Nancy Pelosi’s family. Luigi’s trip coincided with rising tension surrounding UnitedHealth.
Nancy Pelosi and Luigi Mangione
- Mangione Family: Luigi Mangione’s family, which owns Lorien Health Services, has faced lawsuits involving negligence and data breaches at their facilities. Luigi has been associated with the nursing home chain and reportedly volunteered there.
- Political Ties: Nancy Pelosi’s family and the Mangiones share roots in Maryland. Luigi’s cousin, Nino Mangione, serves in the Maryland House of Delegates.
- Insider Knowledge: Luigi’s presence in New York before the Investor Conference raises questions. Could he have learned about it through industry insiders, cybersecurity leaks, or other channels?