Santos

NEW YORK — 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, according to a person familiar with the investigation.

Kalshi, the online prediction marketplace, referred Santos to the Department of Justice after detecting suspicious trades made by him ahead of Trump’s Feb. 24 speech, the person said. The person spoke to the Associated Press on the condition of anonymity because they weren’t authorized to discuss the matter publicly.

Kalshi also reported the trades to the Commodity Futures Trading Commission, a federal regulatory body that has vowed to crack down on insider trading in prediction marketplaces.

The Justice Department and the CFTC didn’t immediately respond Tuesday to inquiries from the AP.

Santos also did not respond to text messages or phone calls.

The referral was first reported by NPR. Santos told NPR that he wasn’t aware of the investigation. He declined to say whether he had a Kalshi account.

“I’m not saying yes, I’m not saying no,” Santos told NPR.

The convicted ex-congressman had repeatedly discussed his intention to attend the State of the Union, which came just four months after he was granted clemency by Trump in a fraud case that led to his expulsion from the U.S. House.

On the eve of Trump’s speech, Kalshi put the odds of Santos attending at close to 75%.

Then, minutes into the speech, Santos posted on X that he had been waylaid at the airport. Immediately, several social media users accused him of running another scheme.

“Santos talking to his accountant and telling him to open his Kalshi account and bet all his money on No,” one user wrote, alongside a meme of Al Pacino counting money in the movie Scarface.

In March, Santos addressed the complaints on his podcast.

“I guess people lost money,” he said. “Some people made unexpected money. That’s to show you how fragile these markets are.”

Santos, who won office as a Republican after inventing a bogus persona as a Wall Street dealmaker, was sentenced to seven years in prison after pleading guilty to fraud and identity theft in 2024.

After serving just 84 days, he was ordered released by Trump, who called Santos a “rogue” but said he didn’t deserve a harsh sentence and should get credit for voting Republican.

Prediction markets, including Kalshi and its chief rival Polymarket, have drawn scrutiny as their businesses have expanded — with some lawmakers urging the platforms to do more to guard against insider trading.

Both companies have said they are reporting suspicious trades to federal regulators. Some investigations have led to criminal charges. In April a soldier involved in the military operation to capture Venezuelan President Nicolás Maduro was charged with using classified information to win more than $400,000 predicting the date of his capture on Polymarket.

In April, the Senate approved a bipartisan resolution to prevent its own members from using prediction markets.

Offenhartz writes for the Associated Press.

Ten years after Colombia’s landmark peace agreement, former president Juan Manuel Santos assesses its legacy. The Nobel Peace Prize laureate discusses renewed violence, political divisions and what Colombia’s experience can teach a world facing growing conflict.

Recent losses, outside criticism and a sense that the team’s identity has strayed from its original path have left LAFC in an uncomfortable position.

As the team prepares to host the Seattle Sounders on Sunday at BMO Stadium before a mandatory break for the World Cup, coach Marc Dos Santos shared his thoughts on the team’s adversity and goals for the future.

The coach said one of his main self-criticisms involved straying from the attacking identity he intended to build at LAFC since taking over as head coach.

“Outside criticism when the team loses isn’t that important to me because I’ve learned in my life that if you’re going to build a life based on what outsiders think of you, you’re going to be very unhappy,” Dos Santos said. “But in self-reflection, I’ll tell you one thing: I’m hard on myself. I believe we were building something with a clear identity, and after the series against Cruz Azul — in the Concacaf Champions League quarterfinals — I thought about switching to a three-man backline to defend more. I went in a more defensive direction, and I don’t want to be like that.”

The coach said the tactical change was the wrong move for LAFC.

“It was a mistake on my part, and it doesn’t reflect LAFC’s identity — it’s not what I want to build here,” Dos Santos said. “I want to make sure that this summer I thoroughly analyze what we need to change, and I have to stay true to LAFC’s identity.”

The comments come at a delicate time for LAFC, which has let potential MLS wins slip away despite showing competitive moments recently against St. Louis City SC and Nashville SC.

LAFC had hoped to once again be one of the dominant teams in the Western Conference, but offensive inconsistencies and tactical adjustments have led to questions about the coaching staff. The Los Angeles side sits in seventh place in the West with 21 points, eight points behind the leader, the Vancouver Whitecaps.

Dos Santos dismissed the idea that the problem is solely related to the tactical scheme and insisted that the most important change involves reclaiming aggressive principles with and without the ball.

“When we have the ball, we have to show the character to go after it — we can’t be afraid,” he said. “And when we don’t have the ball, we can’t just sit back. Look at one of the best teams in the world, Paris Saint-Germain F.C. Look at how they run without the ball. That’s soccer today.”

Amid this soccer overhaul, one of the most closely watched names remains Denis Bouanga. The Gabonese forward hasn’t made the same dominant influence as in previous seasons, though Dos Santos insisted that his relationship with the player remains solid and transparent.

“Denis knows what I want. I’ve always been very honest with him,” the coach said. “Last year we played a lot of games in a 3-5-2, defending a lot with Denis and Son [Heung-min,] but the club and I want to move to a different model. We’re all on the same page.”

Son Heung-min will temporarily leave LAFC after the match against Seattle to join South Korea’s training camp ahead of the World Cup, which will be played in the United States, Mexico and Canada.

The Asian forward said his full focus remains on this weekend’s match.

“I’m not thinking about that yet,” Son said of the World Cup. “The most important match is on Sunday. I just want to make sure we get a great result before heading to the World Cup and arrive in good physical condition.”

Son expects to be tested when South Korea travels to Mexico to play some of its World Cup matches.

“It’s not easy in Mexico, honestly,” he explained. “The altitude and conditions are different, but you have to love those big challenges. We’re really excited.”

As Son prepares to leave, LAFC faces a second-half schedule filled with intense competition. Following the match against Seattle, the club will return from the break to play against the rival Galaxy on July 17.

For Dos Santos, these challenges define the demands of managing LAFC.

“LAFC is a club that wants to win and whose fans want to see it win,” Dos Santos said. “Here, there’s always the responsibility to perform at a [high level]. If you don’t want to be in big games, you don’t coach at LAFC.”

The coach said external criticism isn’t influencing his plans.

“The pressure we feel is the pressure we put on ourselves,” Dos Santos said. “Pressure is when a doctor calls you and tells you you have a problem, or when your child has a problem. Soccer is a sport. You can win or lose. What you can control is improving the team during the week.”

Dos Santos said the World Cup break will serve as a key opportunity for internal analysis before redefining the club’s soccer direction. With the season barely halfway through, the coach said that regaining the team’s identity will be just as important as earning points when MLS returns in the summer.

This article first appeared in Spanish via L.A. Times en Español.

ST. LOUIS — Tomas Totland scored four minutes into the match and fellow defender Rafael Santos added a second-half goal to help St. Louis City beat LAFC for the first time, earning a 2-1 victory on Wednesday night.

Totland used assists from Eduard Löwen and Marcel Hartel to find the net for the first time this season and the third time in 55 career appearances. It was the first assist of the campaign for Löwen and the second for Hartel.

Santos added an unassisted goal in the 64th minute. It was his first score this season and his fourth in 92 career matches. Santos entered the match in the 10th minute for an injured Jaziel Orozco.

David Martínez entered the match in the 70th minute and scored in the 73rd to cut it to 2-1. Nkosi Tafari and defender Aaron Long set up Martínez’s fourth goal this season and his 11th in 58 appearances.

Roman Bürki finished with three saves for St. Louis City (3-6-3), which entered the match 0-5-2 all time against LAFC.

Hugo Lloris did not have a save for LAFC (6-4-3). He leads the league with eight clean sheets in 11 starts.

Mathieu Choinière scored his only two goals of the season — both from long range — to lead LAFC to a 2-0 victory over St. Louis City on March 14.

St. Louis City had scored just 10 goals in its first 11 matches under coach Yoann Damet, second fewest in the league.

Up next

St. Louis: Visits D.C. United on Saturday.

LAFC: Visits Nashville SC on Sunday.