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George Santos Under Investigation For Betting On Kalshi: Report

by Sandra Rhodes
June 3, 2026 at 2:00 pm
in News
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George Santos Under Investigation For Betting On Kalshi: Report

WEST ISLIP, NEW YORK - AUGUST 19: Former U.S. Rep. George Santos arrives for a court hearing at U.S. District Court Eastern District of New York Long Island Courthouse on August 19, 2024 in West Islip, New York. Santos is expected to plead guilty to federal charges relating to fraudulent activity in his 2022 House campaign just weeks before his federal trial began. Santos was expelled from Congress in 2023 becoming the sixth member in the chamber’s history to be ousted by colleagues. (Photo by Michael M. Santiago/Getty Images)

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Oops, he allegedly did it again.

Disgraced former Rep. George Santos is under investigation for his betting activity on the prediction market Kalshi, according to a source familiar with the investigation.

Kalshi told the Justice Department and the United States Commodity Futures Trading Commission about bets Santos placed regarding his attendance at President Donald Trump’s State of the Union address in February, according to the source.

Santos, 37, told his followers on X he planned to attend the speech.

This is one of many events online bettors could wager on at the time.

“I’m gonna be in the gallery,” Santos said in a video.

Watch:

State of the union update! pic.twitter.com/y9nrYpCyU4

— George Santos (@Georgesantos) February 23, 2026

Santos ended up not attending the event. Kalshi detected Santos was placing bets against his own attendance, according to the source.

On Wednesday, he wrote on X  “the DOJ might be looking into me.”

“I will comment further when appropriate and clarify everything accordingly while being mindful and respectful of any process that might be underway,” Santos wrote. 

“The bases of the accusation is preposterous and I look forward to supplying any information asked of me to any agency that inquires, till then media please do not inquire,” he continued.

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To the 100’s of reporters calling me through the night.

Stop!

My legal team and I were made aware by a report from NPR yesterday that the DOJ might be looking into me. So now my legal team is in contact with the DOJ to see what is going on.

I will comment further when…

— George Santos (@Georgesantos) June 3, 2026

A representatives for the Justice Department did not immediately return requests for comment; Kalshi declined to comment.

A representative for the CFTC the commission cannot confirm or deny any investigation.

A source familiar with the agency confirmed that Santos is being investigated, but did not say for what and when the investigation began. 

Santos, a Republican, represented New York’s 3rd congressional district from January to December 2023. He was expelled from Congress while under federal investigation.

In 2024, he pleaded guilty to federal charges including wire fraud, identity theft and money laundering.

He was sentenced to 87 months in prison and ordered to pay almost $374,000 in restitution and over $200,000 in forfeiture.

Trump commuted Santos’ sentence last year, citing his living conditions behind bars and saying he had been “horribly mistreated.”

Santos received international attention after The New York Times and other outlets revealed that he fabricated parts of his resume and personal life story. 

Santos also made international headlines after old images of him in dragemerged

Tags: Donald TrumpGeorge SantosKalshipoliticsState of the UnionU.S. News
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Sandra Rhodes

Sandra Rhodes

IJR, Contributor Writer She was a Story Editor for Indpendent Journal Review since November 2022 and has written for IJR since February 2024. She has been in the newspaper business in various capacities since 1998.

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