George Santos’ Old Employer Harbor City Capital Did Business in Post-Soviet States

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EXCLUSIVE: The reputed Ponzi scheme that employed embattled Rep. George Santos for nearly a year had deeper ties to the shadowy world of the former Soviet Union than previously understood.

But the SEC case shows yet another connection to another fragment of the shattered USSR—one nearer and dearer to the Kremlin.

The SEC case calls Maroney’s honesty and integrity into question, but the agency’s exhibits include another email sent to a different concerned customer a few days later in which the Harbor City Capital founder also referred to a European “global investor summit,” though he did not mention the event’s precise location.

“Belarus is not a hot investment item,” said Ambassador Kenneth Yalowitz, who served during the Clinton administration, and who noted the fraught political situation in Eastern Europe after the first Russian invasion of Ukraine. “Somebody putting on an investment conference in Belarus in 2015, I would not be surprised if there are ulterior motives, political or financial.”

 

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