George Santos raised 6 figures for alleged Ponzi scheme company: report

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Rep. George Santos, R-NY, reportedly raised at least one six figure investment for a Florida company the SEC has since accused of operating as a Ponzi scheme.

" Maroney used investor money to enrich himself and his family, and to perpetuate the Ponzi scheme by making payments of fictitious returns to existing investors using other investor funds," the suit continues. "Specifically, of the $17.1 million raised from Harbor City’s investors, Maroney misappropriated more than $4.88 million for his own personal use."

U.S. Rep.-elect Matt Gaetz talks to Rep.-elect George Santos in the House Chamber during the second day of elections for Speaker of the House at the U.S. Capitol Building on January 04, 2023 in Washington, DC. The investigation into Maroney's company is ongoing no criminal charges have been filed. Santos did not immediately respond to a request for comment from Fox News Digital.

 

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Republicans please disown this guy.

SparkyBru Sounds like he's got some democrat tendencies

Now do all the democrats.

Why is it always one way, I agree with getting rid of the trash but not when it's one sided. Until Shitshow, nadler, salwell..... Get out , nope

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WSJ News Exclusive | George Santos Raised Money for Company the SEC Says Was a Ponzi SchemeThe New York congressman, under scrutiny for his finances and lies about his past, was paid by the Florida-based company, now in receivership after it was sued by the regulator. con gressman george costantos made his money at vandelay industries This guy has to be best friends with Elizabeth Holmes and SBF right? SECGov and GaryGensler and DOJCrimDiv NEED TO STEP UP AND ADDRESS par_chadha and exela technologies for manipulation pr's, conflicts of interest between hgm fund and exela, and stealing investors money to line 16 million compensation and yoy reverse splits
Source: WSJ - 🏆 98. / 63 Read more »