Cisneros Traded Millions in Stocks as COVID-19 Devastated the American Economy
Fullerton, CA – Young Kim for Congress released their second television ad of the 2020 election, highlighting recent revelations of Gil Cisneros’ seedy financial dealings during the heart of the COVID-19 pandemic and profiting from holdings in Pharma companies despite claiming to want to lower prescription drug costs.
Following a private Congressional briefing, Gil Cisneros made 219 stock trades of up to $6 million, more transactions than any other Representative or Senator during that time. He also profited from up to a million dollars in healthcare and pharmaceutical stocks and his foundation invested in companies that raised the price of life saving medication over 1,600%.
The ad exposes Cisneros’ deception and his track record of putting his interests above those of 39th District voters.
A bombshell exposé. Despite claiming to want lower prescription costs, Mega-Millionaire Gil Cisneros profited from prescription price hikes.
Cisneros profited from up to a million dollars in pharma stock.
Worse? His foundation’s investments raised insulin prices almost seven-hundred percent and an arthritis medication sixteen-hundred percent.
Then, Cisneros traded millions in stock following Congress’s private coronavirus briefing.
Mega-Millionaire Gil Cisneros. We paid while he profited.
Watch the full ad here.
- Cisneros made 219 stock trades of up to $6 million
- Cisneros cashing in on holdings from Pharma holdings
- See Young Kim for Congress’ first TV ad, “Deceived”
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