Posted on 08/06/2025 10:37:19 AM PDT by thegagline
*** A federal criminal investigation is underway into Senator Adam Schiff (D-CA) over allegations of mortgage fraud, Fox News reported Tuesday night. The probe is being handled by the U.S. Attorney’s Office in Maryland and follows a criminal referral from the Federal Housing Finance Agency (FHFA) to the Department of Justice.
According to the FHFA referral obtained by Fox News, Schiff allegedly falsified bank documents and property records to obtain more favorable loan terms on multiple occasions. In a letter dated May 2025, FHFA Director William Pulte wrote that Schiff’s conduct “jeopardizes the safety and soundness of FHFA’s regulated entities and the security and stability of the U.S. mortgage market.”
The letter states that Schiff and his wife purchased a home in Potomac, Maryland, in 2003 for $870,000 and secured a Fannie Mae-backed mortgage of $610,000 under the condition that the home would be their primary residence. Despite this certification, Schiff continued to represent California in Congress and claimed a homeowner’s exemption for a separate property in Burbank, California.
The FHFA letter alleges that Schiff reaffirmed the Maryland home as his primary residence in refinancing filings from 2009 to 2013, even as he represented California in the U.S. House. Schiff’s office did not list the Maryland property as a secondary residence until 2020. Meanwhile, the California condo, also claimed as a primary residence, qualified him for a $7,000 reduction in property taxes, according to the letter.
A memo from Fannie Mae’s Financial Crimes Investigations Unit reportedly concluded that Schiff engaged in “a sustained pattern of possible occupancy misrepresentation” across five Fannie Mae loans. The FHFA has cited possible violations of federal statutes related to wire fraud, mail fraud, bank fraud, and making false statements to financial institutions.
***
(Excerpt) Read more at breitbart.com ...
Just curious, what are the consequences to him if found guilty?
Look forward to
“The bulging eyes.
The twisted mouth.”
—song Strange Fruit by Lewis Allen as sung by Billie Holliday in 1939.
(I’m not serious).
He’ll get away with everything, of course.
This crime is so small compared to his many other crimes.
Same consequences as all the other criminal Democrats. Zero.
Didn’t Obama get away with real estate fraud but just saying he did “something stupid” or some such?
Same consequences as all the other criminal Democrats. Zero.
Agree. Still waiting for Letishia James to be charged with mortgage fraud...Yawn.
Bondi/Patel....all talk, all the time...no follow thru.
> This crime is so small compared to his many other crimes.
Agree.
But you need irrefutable, documented evidence.
Think of it as analogous to when they took down Al Capone for “tax evasion”.
This crime is so small compared to his many other crimes.
Mitch McDeere: I got mine, Wayne, you get the rest of them.
Wayne Tarrance: Get ‘em with what? Overbilling, mail fraud? Oh, that’s exciting.
Mitch McDeere: It’s not sexy, but it’s got teeth! Ten thousand dollars and five years in prison. That’s ten and five for each act. Have you really looked at that? You’ve got every partner in the firm on overbilling. There’s two hundred fifty acts of documented mail fraud there. That’s racketeering! That’s minimum one thousand, two hundred fifty years in prison and half a million dollars in fines. That’s more than you had on Capone.
Wouldn’t be a shame if he got convicted and sent to prison where he was gang raped by Bubba and the boys?
I mean that would just awful. Let’s hope that doesn’t happen. Thank you.
2) How much did he avoid in mortgage interest payments by claiming his Maryland residence as his primary residence?
Or is tax evasion a thing anymore?
similar to the charges filed against Trump and why he was tried by Letitia James.
Hit him with financial fines with interest.
When does statute of limitations run out..
Q q
Yeah, the dead boy found in his hotel room raises a few questons.
Standard Hotel, Adam Schiff, dead boy, Ed Buck, drugged black boys.
Early in my career, I did a lot if criminal law. One of the most under reported stories is the rape of white inmates by blacks. It is ubiquitous. I literally had a number of black clients tell my that it isn't gay if they aren't the “catchers”. A common practice was for 5 blacks to team up against a white. Each would hold a leg or arm. The fifth would rape. After the fifth finished, they would change positions and so on…. A number of prison guards acknowledged that this was common practice. They generally wouldn't interfere.
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