Some Republicans, including those in his district, have sharply castigated Santos for his dishonesty. In one interview, Santos described the Devolder Organization as a business that helped rich people buy things like yachts and aircraft.Ĭourt records indicate Santos was the subject of three eviction proceedings in Queens between 20 because of unpaid rent. Yet last September, Santos filed another financial disclosure form reporting that this new company, incorporated in Florida, had paid him a $750,000 salary in each of the last two years, plus another $1 million to $5 million in dividends. His company, the Devolder Organization, wasn’t incorporated until spring 2021. House in 2020, Santos said he had no assets and an annual income of $55,000. In a financial disclosure statement filed with the clerk of the U.S. Yet, the wealth necessary to make those loans seems to have emerged from nowhere.
In his filings with the FEC, Santos initially said he loaned his campaign and related political action committees more than $750,000 - money he claimed came from a family company.
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