US Rep. George Santos repays himself $85K raised from lackluster reelection fundraising

Authored by independent.co.uk and submitted by mclardass
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Embattled freshman U.S. Rep. George Santos, a Republican from New York charged with a host of financial crimes, including embezzling money from his campaign, withdrew $85,000 from his campaign to help repay hundreds of thousands of dollars he loaned himself to get elected in 2022.

Congressional campaign records released Friday show Santos raised a relatively paltry $138,000 during the last three months for a reelection bid that is expected to be one of the country's most-watched and hotly contested races in 2024.

The records show he spent nearly $118,000, the bulk of it to begin repaying the more than $700,000 he loaned himself for his successful but surprising victory last year.

The underwhelming fundraising suggests potential struggles in fending off a challenge from fellow Republican Kellen Curry, an Afghanistan war veteran and former J.P. Morgan banker, who raised more than $200,000 and spent $36,000 during the same period.

Meanwhile, the top Democrat vying for New York's Third Congressional District, Nassau County legislator Joshua Lafazan, has raised more than $345,000, with much of it still in the bank.

Santos pleaded not guilty in May to a 13-count federal indictment charging him with looting his campaign coffers, fraudulently receiving unemployment and lying to Congress about being a millionaire. He faces up to 20 years in prison if convicted.

A day later, he signed an agreement with Brazilian officials that allowed him to avoid prosecution for forging two stolen checks in 2008.

Despite his legal woes, Santos has vowed to fight to keep his congressional seat, which mostly encompasses the western suburbs of Long Island but also straddles parts of the Queens borough in New York City.

Complicating matters is whether congressional districts will again have to be redrawn, which could mean trouble for some Republican incumbents if congressional lines are moved to make districts more favorable to Democrats.

Santos announced his reelection bid in April, despite a steady drumbeat calling for his resignation because of his many deceptions during his last campaign, including lying about his education, Wall Street pedigree and other resume fabrications.

Serious questions about his finances also surfaced — including the source of what appears to be a quickly amassed fortune despite recent financial problems, including evictions and owing thousands in back rent.

Santos is also facing investigation by the House Committee, as well as by local authorities looking into whether he has violated any laws during his previous campaign.

3SquirrelsinaCoat on July 15th, 2023 at 21:22 UTC »

Santos raised a relatively paltry $138,000 during the last three months for a reelection bid that is expected to be one of the country's most-watched and hotly contested races in 2024. The records show he spent nearly $118,000, the bulk of it to begin repaying the more than $700,000 he loaned himself for his successful but surprising victory last year.

So he is fundraising on the back of political office, but is taking that money and repaying $700,000 that there's no way he ever had. Which means someone loaned him 700k, and in fundraising, he is using the money to pay back the loan ostensibly from himself but definitely from someone else. That must be a crime all on its own, right? Mobster or Russian or whoever gives him the money to win, now he's fucked, fundraising to pay back the original loan. That's gotta be illegal.

comma_in_a_coma on July 15th, 2023 at 20:53 UTC »

Why are his bank accounts not frozen!

Darzanak on July 15th, 2023 at 20:52 UTC »

Just another example of the depths to which the Republican Party has sunk.