Portions of the report, published here for the first time, show that long before Santos’ election, questions had surfaced about his marriage, his family’s claimed link to the Holocaust, and his alleged ties to “companies that have been accused of fraud and scamming customers.”
The report, which runs more than 100 pages, was commissioned in the fall of 2021 and raises similar questions over Santos’ campaign finance activities that federal prosecutors have brought up in the criminal case against him, including apparent discrepancies in disclosures to Congress.
U.S. Attorney Breon Peace said Santos “used political contributions to line his pockets, unlawfully applied for unemployment benefits that should have gone to New Yorkers who had lost their jobs due to the pandemic, and lied to the House of Representatives.”
The report took aim at Santos’ work as a senior executive with Harbor City Capital, noting the Florida-based firm had been accused by the Securities and Exchange Commission of operating as a Ponzi scheme.
The report notes that while Santos was working at Harbor City Capital, the Alabama Securities Commission filed a cease-and-desist order against the company and its CEO “for advertising unrealistic returns on investments that did not exist, along with other fraudulent practices.”
Prosecutors allege, beginning in September 2022, Santos spent money donated by political supporters on personal expenses, including designer clothing and car and credit card debt payments.
The original article contains 1,569 words, the summary contains 229 words. Saved 85%. I’m a bot and I’m open source!
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Portions of the report, published here for the first time, show that long before Santos’ election, questions had surfaced about his marriage, his family’s claimed link to the Holocaust, and his alleged ties to “companies that have been accused of fraud and scamming customers.”
The report, which runs more than 100 pages, was commissioned in the fall of 2021 and raises similar questions over Santos’ campaign finance activities that federal prosecutors have brought up in the criminal case against him, including apparent discrepancies in disclosures to Congress.
U.S. Attorney Breon Peace said Santos “used political contributions to line his pockets, unlawfully applied for unemployment benefits that should have gone to New Yorkers who had lost their jobs due to the pandemic, and lied to the House of Representatives.”
The report took aim at Santos’ work as a senior executive with Harbor City Capital, noting the Florida-based firm had been accused by the Securities and Exchange Commission of operating as a Ponzi scheme.
The report notes that while Santos was working at Harbor City Capital, the Alabama Securities Commission filed a cease-and-desist order against the company and its CEO “for advertising unrealistic returns on investments that did not exist, along with other fraudulent practices.”
Prosecutors allege, beginning in September 2022, Santos spent money donated by political supporters on personal expenses, including designer clothing and car and credit card debt payments.
The original article contains 1,569 words, the summary contains 229 words. Saved 85%. I’m a bot and I’m open source!