US Congressman George Santos has been indicted in a crypto scam deal.
He’s currently facing charges for about 13 different offenses.
A New York Times (NYT) report has revealed how United States Congressman George Santos used his political connections to promote a crypto-get-rich scam deal. According to the NYT report, the first-term House member together with three Republican supporters teamed up to propose a potentially lucrative opportunity to a loyal campaign donor.
As part of their scheme, Santos and his allies claimed that a wealthy Polish citizen wanted to purchase crypto but for some unknown reasons, his funds were frozen in a bank account.
The wealthy donor as well was approached to help. The bad actors suggested that the campaign donor create a limited liability company to supposedly help gain access to the fund. However, the donor exhibited some level of skepticism especially as he was not told the name of the said Polish investor.
At the same time, their suggestion to esta
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