Posted on 06/23/2017 6:35:00 PM PDT by Trump20162020
Sen. Bernie Sanders (I-VT) and his wife, Jane Sanders have hired prominent defense attorneys, amid an FBI investigation into a loan Jane Sanders obtained to expand Burlington College while she was its president, CBS News confirms.
Politico Magazine first reported the Sanders had hired lawyers to defend them in the probe. Sanders top adviser Jeff Weaver told CBS News the couple has sought legal protection over federal agents' allegations from a January 2016 complaint accusing then-President of Burlington College, Ms. Sanders, of distorting donor levels in a 2010 loan application for $10 million from People's United Bank to purchase 33 acres of land for the institution.
According to Politico, prosecutors might also be looking into allegations that Sen. Sanders' office inappropriately urged the bank to approve the loan.
(Excerpt) Read more at cbsnews.com ...
Banks are heavily federally regulated and insured.....Example: lie on a bank loan application and default.....see how fast a federal prosecutor is on your tail...
Federal Banking laws may have been broken....
Inappropriate political influence.....
This is going to get interesting......
Popping some popcorn for this one.....
The loan was some kind of ‘gamble’ that they could enlarge the school and attract more students (the logic to this never appears). The school was not really accredited, so people identify it as a diploma-mill operation. I think if she’d taken the money and gotten them accredited via some association....it would have helped to improve the attendance situation.
“allegations that Sen. Sanders’ office inappropriately urged the bank to approve the loan.”
Now that’s what I call collusion!
“Not to defend the Socialist duo but isn’t this kerfuffle between the bank and the borrower? “
Not if the borrower has substantial clout over the bank, and a senator certainly does.
“In reality its kind of funny though because they could probably convict 90% of homebuyers for inflating stuff on their home loan applications,”
But your typical homebuyer doesn’t have a senator on his side twisting the arm of the banker.
So true.
Astonishing that they might actually go after the Sanders.
No reply. Well played.
Thanks, Brown Deer.
Related.
Mrs. Bernie Sanders In Trouble In Land Deal?
6/22/2017 6:10:36 PM
VT Digger ^
BURLINGTON Jane Sanders has hired attorneys to represent her in a Justice Department probe of a land deal she orchestrated while president of the now-defunct Burlington College.
Trump and his team are not going after Bernie. Obama sycophants are not going after him either. Clinton loyalists holdovers in the FBI and the rest of the Deep State are going after Bernie. These are the same ones trying to take out Trump, but with no luck so far. Make no mistake this is Clinton revenge. I’m sure Bernie did some illegal stuff but not near the extent that Hillary did (or for that matter Obama, Lynch, Holder, etc.)
Jane Sanders received a severance package of $200,000 when the school eased her out as president. The school then proceeded to sub-divide the land it acquired from the Catholic Church and pay off much of the debt it incurred to acquire the parcel in the first place. Still, the school did not generate enough revenue to cover its on-going expenses and remaining debt payments.
The whole thing reeks of the phoniness of college nowadays. Jane Sanders had a doctoral degree from a degree mill. She is not a scholar. The scheme was to attract students to a pricey private college with meaningless majors. The scheme involved borrowing money guaranteed by local government, to be repaid by tuition financed by Pell Grants and guaranteed federal government loans.
Trump is absolutely right to promote apprenticeship programs. We need people with skills, not people who are indoctrinated, indebted and in doubt about their gender identity.
The weird thing about that photo is that they left the right side in. I’m surprised it was not also cropped to look as if the missing man was never in it in the first place.
But how can that be? Bernie is an innocent child, devoid of a foul nature.
“Not to defend the Socialist duo but isnt this kerfuffle between the bank and the borrower? Unless taxpayer funds were involved.”
To Falsify bank loans with fraudulent collateral figures is not a “kerfuffle”, Its Bank Fraud.
I guess Bernie will "spill the beans" to the non holdovers.
Would be nice for Bernie to drop the dime on Hillary (revenge)
Bernie and Jane get relocated to Lillihammer.)
The exemplification of Socialism/Marxism — spoils for the Berning Bolsheviks the servile dolts worship.
SCUM IN THE SWAMP BUMP!
Socialism Is Legal Plunder - Bastiat
LOCK THEM UP
Ohhhh lololololololol!
But I thought all Marxists didn’t care about money and were innocent little saints! After all, all they care about is equality and children! Right?!?
You are hypocritical Burn!!
Not to mention a lot of very interesting comments.
Gotta wonder if they held this over Bern’s head to force him out so they could anoint “Her Thighness” tot he crown...
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