George Santos' 'Ponzi scheme' investment pitch revealed by former classmate

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'He started these lies, and I think it just continued,' his former classmate said, adding that 'it worked for him for a long time...it got him into Congress.'

The meeting was first reported bylast month. Since the time of publication, Bogosian said she and her client have been interviewed by the Securities and Exchange Commission , which shut down Harbor City in 2021 after finding the firm was conducting an"ongoing, fraudulent Ponzi scheme victimizing hundreds of investors across the United States.

"It's crazy to me now thinking back, because I mean, he's had these characteristics from so young," Bogosian told CBS. She said that as a result of being bullied as a kid, Santos tried to fit in by lying."He started these lies, and I think it just continued," she said."And this was the only way that he knew."

 

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