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George Santos Revived Mystery Firm After Story Broke

George Santos Revived Mystery Firm After Story Broke
George Santos Revived Mystery Firm After Story Broke


Mother Jones digs into the personal finances of Rep.-elect George Santos (R-NY).

“His personal finances seemed odd as well, and he had worked at a Florida company called Harbor City Capital that was accused by the Securities and Exchange Commission in 2021 of running a $17 million Ponzi scheme. Subsequently, he supposedly made at least $3.5 million from a mysterious company called Devolder Organization LLC that he started, that had no public profile, and that was dissolved soon after it was created. This marked a dramatic shift from his first run for Congress in 2020, when he reported earning $55,000 per year.”

“The day after the Times story appeared, Santos took a curious step: He revived that mystery firm that he had claimed as the source of millions of dollars of income, and he listed as its address a Florida property associated with a former top official of the company that allegedly mounted that Ponzi scheme… The story of this firm is a key component of the Santos scandal.”

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