“The Mysterious, Unregistered Fund That Raised Big Money for Santos”

NYT:

A month before George Santos was elected to Congress, one of his large donors received a call asking him to consider making another sizable contribution.

The request came from a Republican loyalist calling on behalf of RedStone Strategies, which was described in an email to the donor as an “independent expenditure” group that was supporting Mr. Santos’s bid to flip a Democratic House seat in New York. The group had already raised $800,000 and was seeking to raise another $700,000, according to the email, which was reviewed by The New York Times.

The donor came through: Days later, on Oct. 21, he sent $25,000 to a Wells Fargo Bank account belonging to RedStone Strategies.

Three months later, Mr. Santos is now in Congress, but where the donor’s money went is unclear. The Federal Election Commission said it had no evidence that RedStone Strategies was registered as a political group, and there do not appear to be any records documenting its donors, contributions or spending.

Mr. Santos and his lawyer refused to answer questions about RedStone’s fund-raising efforts and whether Mr. Santos was involved in them. But he did have ties to a Redstone Strategies LLC, registered to an address in Merritt Island, Fla., in November 2021, as Mr. Santos was preparing his second run for Congress. The firm listed the Devolder Organization, a company owned by Mr. Santos, as one of its managing officers.

A company website describes that Redstone as being run by “experters in marketing and others in politics” whose services in ad creation, communications and fund-raising have value “no matter if you are in a local race or if you are going to be the next president of the United States.”

Yet the firm’s body of work — at least for candidates and committees that are required to file campaign expense reports — appears limited. A Times search of campaign finance records uncovered payments from a failed House candidate on Long Island and two groups tied to New York legislative candidates.

It also shows a payment from a PAC called Rise NY, run by Mr. Santos’s sister, Tiffany. State records show the group sent a wire transfer for $6,000 in April 2022 to Red Stone Strategies. It listed a Wells Fargo Bank branch on Merritt Island as its address.

The murkiness around the fund-raising operations on behalf of Mr. Santos makes it difficult to know whether any laws were broken. But a close examination of available records suggest RedStone may have skirted the law.

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