Federal prosecutors are investigating Rep.-elect George Santos' finances | CNN Politics

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Federal prosecutors are investigating Rep.-elect George Santos' finances | CNN Politics
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Federal prosecutors in New York are investigating the finances of GOP Rep.-elect George Santos, a source familiar with the matter told CNN.

The news of the probe, being undertaken by the US attorney’s office in the Eastern District of New York, comes as the Republican has admitted to lying about key parts of his biography. Santos has faced questions over his wealth and loans totaling more than $700,000 he made to his successful 2022 campaign. Santos told Semafor on Wednesday that he made his money through “capital introduction” and “deal making” for “high net worth individuals.

Santos, in interviews with WABC radio and the New York Post earlier this week, admitted to lying about attending Baruch College and New York University as well as misrepresenting his employment at Goldman Sachs and Citigroup but claimed he hadn’t committed any crimes. CNN confirmed reporting from the Times that Santos was charged with embezzlement in a Brazilian court in 2011, according to case records from the Rio de Janeiro Court of Justice.

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