George Santos now says campaign mortgage wasn't from personal funds - NBC news

Rep. George Santos, R-N.Y., made a significant revision to his 2022 crusade filings Tuesday by using specifying that a $500,000 personal loan he made to the campaign did not come from his very own money.

The initial submitting in September included a checked box saying the hefty loan came from the "very own cash of the candidate." within the new submitting, which was first suggested through the daily Beast, that box is unchecked.

The amended filing, youngsters, offers no new tips about the source of the funds — it says simplest that the loan came from the candidate but wasn't his own cash.

including to the discrepancies, yet another of his a large number of filings on Tuesday still lists the $500,000 as coming from his personal cash.

"we've a couple of pro lawyers in the office and in our neighborhood and everybody is fairly tons together scratching their heads," Robert Maguire, the research director for the watchdog neighborhood residents for accountability and Ethics in Washington, noted of the filings.

About $150,000 in loans continues to be marked as having come from his very own funds within the filings. A separate filing shows a brand new $a hundred twenty five,000 personal loan that got here from Santos in October however became no longer from his own money.

In an interview remaining month with WABC radio, Santos talked about the loans had been cash "I paid myself" in the course of the Devolder company, his business.

When he first ran for Congress in 2020, Santos talked about on a crusade finance kind that he was making $55,000 a year. remaining year's campaign filings indicated that he made tens of millions of dollars in 2021. He instructed the information site Semafor last month that he made his money legitimately via his business's "capital introduction" enterprise.

Maguire talked about if the funds got here from Santos' business, the enterprise should still had been listed as the source of the personal loan. If it turned into from a financial institution personal loan, the bank should had been listed. "really any manner you slice it, it seems like a reporting error or a sort of too-lovable-by-half approach of reporting the truth it became Devolder's without explaining it" to the Federal Election fee, he added. 

A spokesperson for Santos' congressional office stated it does "no longer comment on campaign or personal concerns."

legislation enforcement sources pointed out closing month that federal prosecutors in Brooklyn had opened an investigation into Santos and have been analyzing his finances, including potential irregularities involving fiscal disclosures and the loans he made to his campaign.

he is additionally being investigated by using the Nassau County district attorney's workplace, and the state legal professional popular's office has mentioned it's "looking into a couple of concerns" concerning Santos.

Santos has come under scrutiny after a bombshell long island instances investigation published closing month showed tons of his résumé seemed to had been manufactured, including claims that he owned a large number of homes, was up to now employed by using Goldman Sachs and Citigroup and had attended and graduated from Baruch school.

Santos has acknowledged one of the vital fabrications while also trying to downplay them. He told the ny put up remaining month: "My sins listed below are embellishing my résumé. I'm sorry."

while some fellow Republicans have demanded that he resign, the GOP guidance Committee, which is led with the aid of Speaker Kevin McCarthy of California, voted to supply him two committee posts this month — one on the Science, space and expertise Committee, the different on the Small business Committee.

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