WASHINGTON—Embattled Rep. George Santos persuaded at least one person to make a six-figure investment in a Florida-based company that the U.S. Securities and Exchange Commission later said was a Ponzi scheme, according to people familiar with the matter and documents viewed by The Wall Street Journal.
Mr. Santos was hired in 2020 to raise capital for the company, Harbor City Capital, and landed at least one significant investment from a wealthy investor, the people said. When the investment failed to deliver on the promised returns, according to one of the people, Mr. Santos sought to reassure the investor by saying he had personally raised nearly $100 million and had invested his own family’s money in Harbor City.
See, he’s smarter than at least one person.
Worse than nixon and trump
Hey everyone, How about we hold people accountable for crimes. Remember that? This isn't a moral or ethical or political dilemma. It's pretty goddamn simple. Charge people when they commit crimes and we can all have nice things again.
Ooopsie ( 11,051)
Half the democrat party got elected like him. Why should I care, Joe is even worse than he is?
So what? Santos had to know it was a Ponzi scheme and profit from it to be a crime, as it is, this is just another Pelosi style schmear. Madoff was the criminal, not his brokers
Just like Biden graduated top of his class, and Warren is Native American. 🤡
... the maga faction of republicans are offering aid and comfort to a known criminal
Go after Biden and his son and I will believe the stuff about Santos. Deflective media accusations.
Kind of like RealMattDamon StephenCurry30 TomBrady GiseleOfficial TrevorLawrence DavidOrtiz NaomiOsaka ShoheiSaveus Shaq KevinOLearyTV ThisIsUD KimKardashian ... I suppose BeingLarryDavid has a defense 'I said 'I don't think so. And I'm never wrong about this stuff.'
Is there anything about him that makes him qualified for the job? How did he get elected to Congress on a resume that's basically a house of cards?
He’s a fraud.
I thought people went to jail for Ponzi schemes … oh Kevin McCarthy said as long as he behaves it will be okay 🤷🏿♂️
The Republican Party is The Santos Party.
Has there ever been a more elaborate grifter elected to public office? Virtually every piece of his past is made up and the little work he did do was criminal.
Is he still in the news? It will be a good day to not hear his name!
Wow, one whole person! Lock him up!
I don't know much about the guy. However, plenty of honest people referred plenty of people to invest with Bernie Madoff unknowing it was a Ponzi scheme.
“A ponzu scheme is a form of fraud in which belief in the success of a nonexistent enterprise is fostered by the payment of quick returns to the 1st investors from money invested by later investors. A classic Ponzi scheme built on treachery and lies.'
Now do Gary Gensler.
Billionaire ramyelbatrawi has spoken put against exela technologies and Par chadha Just look at his correspondance and his web page.
Ever hear of a company called…FTX? Maxine waters? You guys are a joke
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
This guy has to be best friends with Elizabeth Holmes and SBF right?
con gressman george costantos made his money at vandelay industries