George Santos Said Ponzi Scheme Was ‘100% Legitimate’

Rep. George Santos (D-NY) said a company later accused of running a “Ponzi scheme” was “100% legitimate” when it was accused by a potential customer of fraud in 2020, more than a year before it was sued by the SEC, CNN reports.

“Once the company, where he worked, came under federal scrutiny, Santos claimed publicly that he was unaware of accusations of fraud at the firm.”