close
close

George Santos pleads guilty to fraud

Former Member of Parliament George Santos (RN.Y.) will plead guilty to several charges this week, which would mark a significant departure from his previous defiant stance.

What happened: Santos has agreed to a plea deal to avoid a trial that was scheduled to begin next month. Charges against him, including misleading campaign donors and fraudulently obtaining unemployment benefits, could have brought a lengthy prison sentence if convicted.

US District Judge Joanna Seybertwho is overseeing the case still has to approve the deal. An in-person hearing is scheduled for Monday afternoon, The Hill reports.

Also read: Anthony Scaramucci says Donald Trump's divisive tactics will lead to 'first African-American female president'

In May 2023, Santos was initially indicted on 13 counts, and in October of the same year, another 10 counts were added.

The former congressman was expelled from Congress after an Ethics Committee report revealed that he had defrauded donors and embezzled campaign funds.

Also read: Lawmakers have made huge investments this year. Get tips on buying and selling ahead of the 2024 election with our easy-to-use tool

The deal followed the guilty pleas of two former Santos associates last year. His former campaign treasurer, Nancy Marksand former fundraiser, Samuel MieleBoth pleaded guilty to the respective charges.

Why it is important: The case against Santos was closely watched because he was the first openly gay Republican elected to the House of Representatives.

His expulsion and subsequent charges have raised questions about campaign finance controls and the ethical conduct of elected officials.

The guilty pleas of his former associates have heightened these concerns. The outcome of Santos' case could potentially affect future campaign finance regulations and the ethical standards expected of public officials.

Read more

Former Trump aide shares texts to prove ex-president's campaign agreed to keep discrimination and sexual harassment claims secret

This content was partially created with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

Market news and data provided by Benzinga APIs