George Santos reportedly investigated by DoJ over suspicious Kalshi bets
George Santos is reportedly under investigation by the Department of Justice for potential insider trading related to bets he placed on his own attendance at a State of the Union address. The investigation follows allegations that he used a prediction market to place bets after announcing his intention to attend the event. Santos, who has a history of legal troubles, has denied engaging with the reports surrounding the investigation.
- ▪George Santos is being investigated by the DoJ for allegedly betting on his own attendance at a State of the Union address.
- ▪He reportedly placed a bet on Kalshi, a prediction market, after announcing his plans to attend the event.
- ▪Santos has a history of legal issues, including a seven-year prison sentence for fraud.
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George Santos outside court in Suffolk county, New York in 2024. Santos was sentenced to seven years for fraud. Photograph: Stefan Jeremiah/APView image in fullscreenGeorge Santos outside court in Suffolk county, New York in 2024. Santos was sentenced to seven years for fraud. Photograph: Stefan Jeremiah/APRepublicansGeorge Santos reportedly investigated by DoJ over suspicious Kalshi betsDisgraced former congressman said to have put bet on whether he would be at Trump’s State of the Union speechUwa Ede-OsifoWed 3 Jun 2026 01.28 EDTSharePrefer the Guardian on GoogleFederal authorities are investigating whether George Santos, the disgraced former Republican congressman from New York, engaged in insider trading by betting on a prediction market on his own attendance to the State of the Union…
Excerpt limited to ~120 words for fair-use compliance. The full article is at World news | The Guardian.