George Santos admits ‘personal’ loans to campaign were not from personal funds

firm that was accused by the Securities and Exchange Commission of being a multimillion-dollar Ponzi scheme.the loans were “the money I paid myself” through his company, the Devolder Organization.He has admitted “embellishing” his résumé but denied wrongdoing. He has said he will not resign., a lawyer for Santos, Joe Murray, said it “would be inappropriate” to comment on the new filings, because of pending investigations.

Jordan Libowitz, a spokesman for Citizens for Responsibility and Ethics in Washington or Crew, a watchdog group,Brendan Fischer, deputy executive director of“Santos’ campaign might have unchecked the ‘personal funds of candidate’ box, but it is still reporting that the $500,000 came from Santos himself.

“If the ‘loan from candidate’ didn’t actually come from the candidate, then Santos should come clean and disclose where the money really came from. Santos can’t uncheck a box and make his legal problems go away.”

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