David Flippo May Soon Join Congress. He Appears to Have Already Violated a Financial Law.

“If you want a recent example of why this is so important, think of (now-disgraced) former Rep. George Santos” – Brendan Fischer, Campaign Legal Center

David Flippo has some explaining to do. After a new NOTUS investigation examining his failure to file the personal financial disclosure legally required of congressional candidates, experts are beginning to question whether Flippo is the next George Santos, especially with their shared campaign treasurer and red flags.

Flippo has put more than $1.6 million of what he claims to be his own money into his campaign, yet voters still don’t have basic information about the source of his apparent wealth. And what little we do know about his finances doesn’t suggest he has the means to self-fund at this level, begging more questions about what Flippo is hiding. 

Santos’ eerily similar case of depriving voters of financial disclosures and hiding almost everything about his background should serve as a frightening example of what a candidate could be hiding—which was only uncovered after being elected to Congress. Santos’s conduct was not merely unethical but criminal, and his actions ultimately resulted in a seven year prison sentence.

The following statement can be attributed to Nevada State Democratic Party spokesperson Asaf Grofman:

“As a Donald Trump-endorsed self-funder with no explainable source of wealth and consultants with fraudulent histories, David Flippo has the same red flags as the now disgraced former Congressman George Santos who went on to be found guilty of criminal conduct. There’s a reason both Nevada Republicans and Democrats have sounded the alarm about Flippo and it’s because Northern Nevadans deserve better than this shady carpetbagger.”

NOTUS: David Flippo May Soon Join Congress. He Appears to Have Already Violated a Financial Law.

Key points below:

• These missing financial details are particularly notable given that Flippo has personally loaned his congressional campaign more than $1.6 million, according to Federal Election Commission records, but the source of his wealth remains unclear.

• Aside from Flippo’s apparent lack of a financial disclosure, one of his opponents filed an FEC complaint that accused him of misusing campaign funds. Flippo was also fired from a job in the financial services industry after his company accused him of violating policies and regulations.

• Most notably, Datwyler was believed to be Rep. George Santos’ “shadow treasurer” before Congress voted to expel the disgraced New York Republican in December 2023. The House Ethics Committee found that Santos had misused campaign funds for personal expenses, deceived donors and improperly filed campaign finance reports, among other violations. Santos also pleaded guilty to federal charges of fraud and identity theft and was serving a seven-year prison sentence when President Donald Trump commuted it last year.

• Datwyler even asked for a criminal investigation into how his name appeared on the campaign forms — though Datwyler’s lawyer told the FEC he wished to retract correspondence he submitted requesting the probe because he lost “confidence in the accuracy and veracity of the information provided by Mr. Datwyler.”

• “In the case of Mr. Flippo, financial disclosures are particularly important because he’s reported lending at least $1.6 million to his campaign but has not filed the required report that would help establish whether he had the income and assets to make such a substantial loan,” Brendan Fischer, director of strategic investigations at Campaign Legal Center, wrote in a statement.

• “If you want a recent example of why this is so important, think of (now-disgraced) former Rep. George Santos,” Fischer added. “The discrepancy between the personal loans Santos reported making to his campaign and the meager assets he reported provided an early indication that something was amiss.”

• Flippo then began working as a financial adviser in 2019 for the firm First Command, but in 2024, the company fired him for allegedly violating internal policies.

• “The registered representative violated numerous company policies and regulatory regulations related to electronic communications, books and records. [sic] and customer identification,” the firm wrote in a Securities and Exchange Commission disclosure on Flippo’s termination.

Read the full story here.

###

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.