Companies linked to embattled congressman George Santos draw scrutiny. What we know.

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In addition to claiming a false work history with investment banks, Rep. George Santos' most recent professional history leads back to a fund federal regulators in 2021 called a Ponzi scheme for using new investor money to pay back previous investors.

In addition to claiming a false work history with major investment banks,

"When somebody’s offering 60% returns, it’s not that there has never been an investment that returns 60% legitimately," said Mitchel Zuckoff, a journalism professor at Boston University who wrote a book about the original Ponzi scheme."But they are so exceedingly rare that the idea that they could simply be available to you should automatically send up just a whole carload of red flags.

Santos was not named in the SEC’s complaint. Inquiries to his Capitol Hill office and to his lawyer were not returned. during his first congressional campaign about his work for Harbor City Capital, falsely claiming it was a Fortune 500 company and repeating the false claim that he previously worked for J.P. Morgan and Goldman Sachs.

 

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Does Congress actually investigates candidates? Given the staggering size and number of Santos lies, including possibly the name he’s using: when do you suppose the Republicans might learn they’ve seated a Brazilian citizen into congress, who’s actually an illegal immigrant?

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