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After months of congressional hand-wringing, Mr. Santos finally met his demise on Friday, after Republicans and Democrats each offered separate expulsion resolutions. The resulting debate on the House floor on Thursday captured the absurdity and unseemliness of Mr. Santos’s scandals. Mr. Santos is only the sixth member of the House to be expelled in the body’s history. Mr. Santos must still contend with the federal indictment in which prosecutors have accused him of multiple criminal schemes. (That company, Harbor City Capital, has been accused of operating a Ponzi scheme by the Securities and Exchange Commission, though Mr. Santos has not been implicated.)

Persons: George Santos, Santos, Mr, “ George Santos, ”, Anthony D’Esposito, Santos’s, Mike Johnson of, Kevin McCarthy of California, Kathy Hochul, Thomas R, Suozzi, Goldman Sachs, Nancy Marks, Marks, Nicholas Fandos Organizations: New York Republican, Queens, Republican, Republicans, World Trade, House, Local, Democratic, New York Times, Baruch College, Citigroup, World Trade Center, Devolder Organization, Harbor, Harbor City Capital, Securities and Exchange Commission Locations: Orlando, Long Island, New York, Mike Johnson of Louisiana, Nassau County, Queens, New York City, Orlando ., Florida, Harbor City, United States

But the laws and guidelines surrounding House financial disclosures are relatively generous when it comes to timely filings. Mr. Santos is not the only member of New York’s House delegation who has yet to file a form. What’s NextNothing is ever certain concerning Mr. Santos, especially when it comes to finances. In the unlikely event that Mr. Santos does not file at all, he could face a civil penalty of up to $71,316. Mr. Santos is due back in the Capitol from August recess on Sept. 12.

Persons: Santos, Jamaal Bowman, Anthony D’Esposito, Brandon Williams Organizations: Devolder Organization, York’s, Bronx, Capitol Locations: Florida, Westchester County, Central Islip

Rep. George Santos, R-N.Y., was charged by federal prosecutors with an array of crimes, including fraud, theft, money laundering and making false statements. Santos faces a maximum penalty of 20 years in prison for the top charges against him, according to the Justice Department. In forms he filled out for his 2020 campaign, Santos failed to report more than $25,000 in income from the investment firm where he worked, the indictment alleged. In his 2022 campaign, Santos allegedly falsely reported earning $750,000 in salary and between $1 million and $5 million in dividends from his company, the Devolder Organization. A growing number of Santos' fellow Republicans urged him to step down, even before the federal charges against him first came to light.

Here’s what to know about the significance of the charges and what happens next:Three main buckets of chargesThe indictment lays out three main buckets of alleged criminal activity by Santos. The second set of accusations concern Santos’ allegedly false applications for unemployment benefits, resulting in a theft of public money count and two more wire fraud counts. To establish the alleged unemployment fraud scheme, investigators likely have the attestations Santos allegedly made to participate in the public benefits program. The House disclosure documents that Santos allegedly lied on are publicly available documents. There’s also the potential that, instead of a jury trial, Santos seeks a bench trial – i.e.

Rep. George Santos, R-N.Y., made a significant revision to his 2022 campaign filings Tuesday by specifying that a $500,000 loan he made to the campaign didn't come from his personal funds. The initial filing in September included a checked box saying the hefty loan came from the "personal funds of the candidate." About $150,000 in loans is still marked as having come from his personal funds. A separate filing shows a new $125,000 loan that came from Santos in October but was not from his personal funds. A spokesperson for Santos’ congressional office said it does "not comment on campaign or personal matters."

☆ George Santos hints that $500k 'personal' loan to campaign wasn't his own money, raising campaign-finance violation concerns
▼ + stars: | 2023-01-25 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

The amended filings reveal that a $500k "personal" loan to his 2022 campaign wasn't personally funded. Experts say the amended filings add to the mystery of Santos' questionable financial disclosures. The initial filing showed a box for "personal funds of the candidate" was checked on the entry for the hefty campaign loan, whereas the amended filing leaves that box empty. Campaign-finance experts told The New York Times that the revised filings only add to the mystery of Santos' financial disclosures. Brett G. Kappel, an elections lawyer who focuses on campaign finance and ethics, told The Times that the amended filings raise the possibility of illegality.

☆ Why George Santos is denying that he performed as a drag queen even as he leaves a litany of other questions unanswered
▼ + stars: | 2023-01-19 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

Santos faces more pressing questions, but performing in drag could hurt his standing with fellow Republicans. "The most recent obsession from the media claiming that I am a drag Queen or 'performed' as a drag Queen is categorically false," Santos, who is gay, wrote on Twitter, calling the recent allegations an "outrageous claim." According to Rochard, who also provided photos allegedly showing Santos in drag, Santos performed under the name "Kitara Ravache." Nearly three dozen of Santos's Republican colleagues introduced a bill taking aim at drag queen story hours. But Santos is also the first non-incumbent gay Republican elected to Congress, and is one of just a handful of out gay Republicans to ever serve in Congress.

☆ Rep. George Santos was paid by a company that the SEC called a 'classic Ponzi scheme' but he never disclosed the payments as a candidate, report says
▼ + stars: | 2023-01-12 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +2 min

On Wednesday, WaPo reported he was paid by a firm accused of being a Ponzi scheme in April 2021. A financial disclosure filed by Santos as a candidate that covered January 2021 to December 2022 did not list any payments from Harbor City Capital. An SEC complaint was filed against Harbor City Capital on April 20, 2021. The complaint, which did not name Santos, said the company's founder spent investors' money on personal expenses and paid them monthly interest payments in "classic Ponzi scheme fashion." Santos previously told The Daily Beast he did not know about what was going on at the company.

☆ Watchdog group accuses George Santos of campaign finance violations in FEC complaint
▼ + stars: | 2023-01-09 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

A national watchdog group has filed a complaint with the Federal Election Commission against Republican U.S. Rep. George Santos for allegedly violating numerous campaign finance laws during his successful run for Congress. The Campaign Legal Center, a nonpartisan campaign watchdog organization, filed the complaint with the FEC on Monday. The group accuses the Santos campaign of allegedly violating three counts of campaign finance laws, including one tied to a $705,000 loan the lawmaker made to his campaign. Santos is under scrutiny by congressional lawmakers and federal authorities for lying and embellishing key elements of his resume during his 2022 campaign for Congress. The Campaign Legal Center claims that the loan he made to his campaign may have come from a straw donor.

☆ Federal prosecutors are probing Rep-elect George Santos' finances after he admitted to lying about some of his work and education history: reports
▼ + stars: | 2022-12-29 | by ( Lina Batarags | ) www.businessinsider.com time to read: +2 min

Federal prosecutors are looking into Rep-elect George Santos' finances, per media reports. Santos has admitted to lying about parts of his work and education history. Santos' most recent financial disclosure shows a $750,000 salary from a company he founded. Santos also lent $705,000 to his campaign through Devolder, per a Federal Election Commission form filed on December 8. On Monday, he admitted that sections of his work history – including the stints at both Goldman and Citigroup — were made up.

☆ Incoming GOP congressman George Santos reportedly lied about his employment, his education, losing four employees in the Pulse shooting, his residence, and his religious background
▼ + stars: | 2022-12-27 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +8 min

An incoming GOP congressman from Long Island has several gaps in his resume, according to news reports. Santos has begun to address the falsehoods in interviews with the New York Post and City & State New York. But representatives from the school told the Times they had no record of his enrollment, despite searching multiple variations of his name. Santos has said that he never claimed to be Jewish, just "Jew-ish," despite describing himself as a "proud American Jew" during his campaign. The Republican Jewish Coalition now says he lied to them.

☆ From nothing to millions — incoming Republican Rep. George Santos' congressional financial disclosures raise more questions about his truthfulness
▼ + stars: | 2022-12-19 | by ( Madison Hall | ) www.businessinsider.com time to read: +4 min

In his first run for Congress two years ago, Republican George Santos disclosed having almost no assets. A new New York Times report revealed several inaccuracies in Santos' reported resume. The Devolder Organization, in which Santos disclosed that he had "100% interest," was one of six stakeholders in a Florida-based firm, Red Strategies USA. Santos' past in questionA newly released report by the New York Times and other publications put other aspects of Santos' resume into question. The New York Times also indicated that Santos may have lied about losing colleagues in the Pulse nightclub shooting and his residence.

☆ Incoming GOP congressman reportedly lied about his employment history, where he went to college, losing four employees in the Pulse nightclub shooting, and possibly his residence
▼ + stars: | 2022-12-19 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

An incoming GOP congressman from Long Island has several gaps in his resume, according to a NYT report. He appears to have lied about his employment history, his college degree, and possibly his residence. He also claimed to have lost four employees in the 2016 Pulse Nightclub shooting. And according to a New York Times investigation, he may have a historically large amount of questions to answer about his resume. But representatives from the school told the Times they had no record of his enrollment, despite searching multiple variations of his name.

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