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How Much Is He Worth? The Talks Today

George Santos has made a great deal of untrue and questionable statements both public and private on his background, employment experience, criminal history, financial situation and other topics.

Many news sites revealed six weeks after his election in 2023 that he had made up a lot of the details in his self-published biography.

He is accused of 23 fraud-related counts in two federal indictments and he has pleaded not guilty to 13 of them.

When the initial indictment was submitted in May, he was charged with numerous counts of money laundering, fraud, embezzlement of public funds, and making false claims. Santos entered a not-guilty plea to those accusations after using deception in part of his campaign to win his congressional seat.

Who Is George Santos?

George Santos, also known as George Anthony Devolder Santos, is a highly respected American politician currently serving as the U.S. representative for New York’s 3rd congressional district. It is worth mentioning that he is the first openly LGBT member elected to Congress as a Republican.

Santos was born on the 22nd of July, 1988, to Fátima Aziza Caruso Horta Devolder and Gercino Antônio dos Santos Jr. Santos. He received his formal education at Intermediate School 125, situated in Woodside, Queens, and Primary School 122 in Astoria, Queens.

George Santos Career

While there was a case pending against him for cheque fraud, Santos fled Brazil and moved to NYC where he spent October 2011 to July 2012 working as a customer support agent for Dish Network. Santos worked for HotelsPro, a division of MetGlobal, a company based in Istanbul, Turkey, which was later found to have a lot of unfavourable internet ratings. The New York Times confirmed this information at some point around 2013.

After relocating to Orlando, Florida, in early 2016, Santos changed his driver’s licence to reflect his Florida residency and registered to vote. HotelsPro was opening an office in Orlando. He started employment with the Florida-based alternative investment business Harbour City Capital sometime in January 2020, not long after he announced his first congressional bid in November 2019.

In his first congressional campaign, Santos established a Harbour City Capital office. He took over as the company’s regional director for New York a month later. In an interview from 2020, he stated that he oversaw $1.5 billion in assets for Harbour City, with an internal rate of return of 26% and a fixed yield income return of 12%. Santos established the Devolder Organisation after Harbour City paid him at least through April 2021; he has stated that this organisation is the source of his wealth.

George Santos Legal Issues

Santos has been formally charged with 23 counts of fraud in two federal indictments earlier this year in 2023. The amended 23-count indictment further includes two additional fraudulent schemes: the credit card scheme and the conspiracy to file false reports to the Federal Election Commission (FEC) with the intention of inflating his campaign’s funding. This deceitful act was aimed at deceiving the Republican party into providing financial support.

Santos stands accused of devising a plan to unlawfully obtain the identities and bank account details of his campaign contributors. This scheme involved charging their credit cards and diverting the funds into his personal bank account, as well as other campaigns and his own campaign. On October 27, 2023, Santos is scheduled to appear in federal court, where it is expected that new charges will be brought against him.

George Santos Net Worth

Santos’ net worth as of 2023 is estimated to be a little above $11 million. This includes all his assets and political earnings.

The post George Santos Net Worth: How Much Is He Worth? appeared first on GhBase•com™-Everything & News Now.

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Update: 2024-05-07