The SEC probed the paintings of George Santos in an organization accused of a Ponzi scheme

The USA Securities and Trade Fee (SEC) has introduced an investigation into the paintings of George Santos, a former government at Zeek Rewards, a North Carolina-based corporate accused of operating a Ponzi scheme that defrauded buyers out of hundreds of thousands of greenbacks. The SEC alleges that Santos used to be concerned within the scheme and used to be conscious that Zeek Rewards used to be the use of investor cash to repay previous buyers, in lieu than to earn a living from reliable trade actions. Santos reportedly denied all allegations of wrongdoing, claiming he used to be blind to the scheme and used to be most effective concerned within the corporate in a restricted capability. The investigation is ongoing.

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