Debunking the Latest Incarnation of the UBS-Dominion-China Story

Jason Ross
2 min readDec 19, 2020

Those intent on pushing Trump to create a false enemy image of China are wrongly pointing to an informational page posted on Bloomberg to support their allegations of Chinese Communist Party influence over Dominion Voting Systems.

While the absurd claim made some weeks ago — that a $400 million transaction involving UBS Securities LLC and Staple Street Capital (which owns Dominion) involved the Chinese branch of UBS (“UBS Securities Co. LLC”) — has largely been walked back, the updated fantasy now points to the correct branch of UBS, but relies on mistaken information.

As an example, Attorney L. Lin Wood (who had previously peddled the yarn that the Chinese branch of UBS had purchased Dominion’s owner) retweeted this tweet of a clip from Jennifer Zeng’s New Tang Dynasty (Epoch Times) video show, in which she uses screenshots to claim a coverup of Chinese involvement in the US branch of UBS.

A December 5 Bloomberg screenshot used by Jennifer Zang on NTD to allege Chinese control over UBS via the members of the board of directors listed here.

The Bloomberg information page for UBS Securities LLC (the Delaware-incorporated and New York-based investment bank) currently lists only Samuel Molinaro as a board member, but a December 7 archive of the page shows that it had listed Robert Karofsky, along with Luo Qiang and Ye Xiang, as board members. Does the removal of these Chinese-named people point to a hasty cover-up? No. The December 7 information was simply incorrect.

Leaving Bloomberg (a news agency) aside, in favor of records from the SEC, we find a January 2020 filing that includes a list of owners and executives of UBS Securities LLC. Among them are the top three executives listed now by Bloomberg: Lauren K Munfa, James Van Tassel, and John Thomas Connors, but none of those listed on the Dec. 7 Bloomberg posting: Sylvia Brasil Coutinho, Eric J Sheridan, Michael Davidson.

Why? Simple — the Dec. 7 Bloomberg post was based on the wrong data. Sylvia Brasil Coutinho works at UBS’s Brazil branch, not its US branch. This posting by Bloomberg should not be relied on to draw conclusions about the members of UBS Securities LLC’s board of directors.

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