Monday, January 30, 2023

New George Santos disclosure modifications supply of $500,000 in marketing campaign loans

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Rep. George Santos (R-Nassau/Queens) filed new marketing campaign disclosure studies Tuesday altering the supply of a $500,000 mortgage he beforehand reported as originating from his “private funds.”

In filings instantly after the election, Santos checked a field on a Federal Election Fee type testifying {that a} $500,000 mortgage to his marketing campaign stemmed from “Private Funds of the Candidate.” 

In a brand new submitting dated Tuesday, Santos left that field unchecked.

Santos is beneath federal, state, and native investigations after revelations that he had fabricated tales about his resume, ethnic historical past and sources of revenue.

Joe Murray, his marketing campaign lawyer, informed Newsday: “Because of the FEC complaints it could be inappropriate to touch upon an open investigation.”

Naysa Woomer, a spokeswoman for his Congressional workplace, didn’t reply to a request for remark.

In his new submitting, Santos lists a stability of $130,000 in excellent loans got here from private funds, and $500,000 that was not from private funds.

In one other submitting on Dec. 8, he listed having a $630,000 excellent stability on loans from private funds.

In each filings he attested to having paid off $31,250 in extra marketing campaign loans, $25,050 of which got here from private funds.

Earlier this month, a watchdog group filed a criticism with the FEC Fee urging it to open an investigation into questions on Santos’ marketing campaign fundraising, loans and expenditures.

The criticism, by the Marketing campaign Authorized Heart, a Washington, D.C. nonprofit, alleges Santos hid the true sources of funds he lent his marketing campaign, misrepresented the marketing campaign’s spending and used its funds for private bills.

The criticism alleges that Santos acted as a straw donor for unknown others for $705,000 in loans he made to his marketing campaign finance committees, regardless of his statements that he drew it from his wage and dividends from his agency Devolder LLC.

“The obtainable data signifies that Santos and different unknown individuals engaged in a scheme to supply unlawful contributions to Santos’ marketing campaign,” the criticism stated.

“These unknown individuals offered cash to Santos disguised as revenue from his wholly owned entity Devolder LLC,” it stated.

Santos was elected in November to characterize the Third Congressional District, which covers components of Nassau County and Queens.



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