George Santos, a member of the House of Representatives, is facing indictment for thirteen felonies, including embezzlement and fraud. One of his schemes involved cryptocurrency and resembled the classic Nigerian prince email scam, The New York Times reports. Santos and his associates approached a campaign donor, claiming they needed help accessing frozen assets through a limited liability company. The donor recognized the similarities to the scam and ended the talks. Santos, along with Michael LiPetri and Bryant Park Associates, was involved in the scheme.
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US Rep George Santos Led Crypto Schemes: Report
George Santos, a member of the House of Representatives, is facing indictment for thirteen felonies, including embezzlement and fraud. One of his schemes involved cryptocurrency and resembled the classic Nigerian prince email scam, The New York Times reports. Santos and his associates approached a campaign donor, claiming they needed help accessing frozen assets through a limited liability company. The donor recognized the similarities to the scam and ended the talks. Santos, along with Michael LiPetri and Bryant Park Associates, was involved in the scheme.