Kalshi bans ex-congressman George Santos for life after suspicious trades
George Santos faces a lifetime ban from Kalshi after failing to cooperate with the prediction market's investigation into his alleged unlawful trades.
Watch CBS News
George Santos faces a lifetime ban from Kalshi after failing to cooperate with the prediction market's investigation into his alleged unlawful trades.
A Kalshi spokesperson said George Santos is being banned due to "his lack of cooperation" with its compliance department, which established "reasonable cause" to believe he had engaged in insider trading.
Disgraced former Congressman George Santos has agreed to pay $35,000 to settle a federal investigation into his suspicious trades on the prediction marketplace Kalshi.
Disgraced former New York Congressman George Santos has agreed to pay $35,000 to settle a federal investigation into suspicious trades.
George Santos has worn many hats: swindler, congressman, prison inmate, podcast host. The obvious next gig? Reality TV show contestant.
A prediction market reported former U.S. Rep. George Santos to federal prosecutors after he boasted he'd be going to President Trump's State of the Union address, then bet against his own attendance, the Associated Press reported.
Sources told the Associated Press the prediction site Kalshi flagged suspicious activity in a market about whether the former Republican lawmaker would attend the State of the Union address in February. CBS News New York's Kristine Johnson reports.
Disgraced former Rep. George Santos described his time in prison, a conversation with President Trump, and writing suicide notes in a wide-ranging interview Tuesday.
Just four days after his release from federal prison, disgraced congressman George Santos sat down CBS News New York's Marcia Kramer and spoke about everything from suicidal thoughts to possible future legal troubles. Here's additional excerpts from that exclusive one-on-one interview.
Disgraced former Rep. George Santos described his time in prison, writing suicide notes, a conversation with President Trump and more in a wide-ranging interview Tuesday. CBS News New York's Marcia Kramer reports.
Some constituents are outraged about the clemency order that freed disgraced former Rep. George Santos Friday.
Donors and victims are questioning why he doesn't even have to pay restitution. CBS News New York's Carolyn Gusoff reports.
Santos was released from prison late Friday after President Trump commuted his seven-year sentence for committing wire fraud and aggravated identity theft.
The disgraced former New York congressman discussed potentially paying restitution to his victims and what life was like in prison. CBS News New York's Andrew Ramos reports.
President Santos served less than three months of his seven-year sentence for wire fraud and identity theft before President Trump signed a commutation.
President Trump's decision to commute disgraced former New York congressman George Santos' prison sentence is stirring reaction from local politicians and Santos' former constituents. CBS News New York's Andrew Ramos reports.
In a post on Truth Social, the president said the ex-New York congressman has been "horribly mistreated" in prison.
CBS News has learned former New York congressman George Santos will no longer have to pay nearly $400,000 in restitution to his victims.
The ex-congressman from Long Island faced numerous scandals during his time in office. CBS News New York's John Dias reports.
In a post on Truth Social on Friday, President Trump said disgraced former congressman George Santos had been "horribly mistreated" in prison and would be released immediately. CBS News New York's Andrew Ramos has reaction from the district Santos represented on Long Island.
Santos was three months into an 87-month sentence since he pleaded guilty to wire fraud and identity theft charges.
President Trump has commuted the sentence of George Santos, the former Long Island congressman who is serving more than seven years in prison.
George Santos, the disgraced former congressman from New York, surrendered to a federal prison in New Jersey to begin his sentence.
Disgraced former Congressman George Santos is serving his prison sentence in southern New Jersey.
The disgraced former congressman from New York, is set to surrender Friday to face his more than seven-year sentence.