Feds Probing Rep-Elect George Santos’ Finances: Reports

  • Federal prosecutors are looking into Rep-elect George Santos’ finances, per media reports.
  • Santos admitted to lying about some aspects of his education and work history.
  • Santos’ latest financial disclosure shows that he earned $750,000 from a company that he founded.

Republican Rep. George Santos has already admitted to lying regarding parts of his resume. Now federal scrutiny is focused on his money.

A source familiar with the matter said that the US Attorney’s Eastern District of New York is currently looking into his finances. CNN CBS

The probe is not a formal one at the moment and focuses on the source of his wealth. ABC News.

Santos’ first run for Congress in 2020 was a $55,000 salary with no assets. Public filings show this. ABC News reported. Santos’ most recent financial disclosureThe September filing shows a $750,000 salary and assets and dividends totaling at least $2.6million. The salary is taken from Devolder Organization, which he founded 2021.

According to a Federal Election Commission form, Santos also loaned $705,000 to his campaign through Devolder. filedDecember 8. As the Daily BeastIt may not be legal to report.

The New York Times reported the news about the probe shortly after it was published. investigationThe January 19th, 2009, release revealed that Santos had lied about many parts of his resume, including about his higher education and his work history.

Santos previously claimedHe had previously worked for Citigroup and Goldman Sachs. He was buried Monday at the Sacred Heart. admitted that sections of his work history – including the stints at both Goldman and Citigroup — were made up.

“My sins here are embellishing me resume. Santos, 34, said that he was sorry. New York PostMonday

Among the other controversiesRecently, Santos was caught in false claims of Jewish ancestry. He also falsely claimed to have graduated from Baruch College 2010.

Santos stated that he intends to continue his seat in the House in January.

Insider asked Santos to comment, but he did not respond immediately.

This is a still developing story. Keep checking back for new updates.

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