CNN's KFILE reports on Republican Rep. George Santos' employment at Harbor City Capital, a company accused of running a 'Ponzi scheme' and later sued by the US Securities and Exchange Commission. Santos denies having knowledge of the situation. Watch:
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George Santos was paid for work at company accused of Ponzi scheme later than previously knownRep. George Santos (R-N.Y.), who has admitted to fabricating key details of his biography, received payments as recently as April 2021 from a financial services company accused by the SEC of a “classic Ponzi scheme,” which is income he has never disclosed.
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Rep. Santos said accused ‘Ponzi scheme’ was ‘100% legitimate’Santos worked at Harbor City Capital Corp. in 2020 and 2021, a company the SEC said was a “classic Ponzi scheme” in an April 2021 complaint against the firm. A Ponzi scheme is a type of…
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