WASHINGTON D.C (VINnews) — Democratic Sen. Adam Schiff is under criminal investigation for alleged mortgage fraud, according to a report Tuesday by Fox News.
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Schiff is accused of falsifying bank records in order to obtain more favorable loan terms on a Potomac, Maryland property between 2003 and 2019. The allegations suggest the longtime California lawmaker manipulated documents related to his mortgage payments.
“Mr. Adam B. Schiff has, in multiple instances, falsified bank documents and property records to acquire more favorable loan terms,” Federal Housing Finance Agency (FHFA) Director William Pulte said. “Such misconduct jeopardizes the safety and soundness of FHFA’s regulated entities and the security and stability of the U.S. mortgage market.”
The FHFA, which oversees Fannie Mae, Freddie Mac, and the Federal Home Loan Banks, has confirmed it is actively reviewing the claims as part of its regulatory responsibility.
Schiff’s office did not immediately respond to a request for comment.
The investigation remains ongoing.
LOL beautiful.
What a joke that’s the third as I remember democrat with financial bank fraud but they all went after trump
Remember, noone is above the law.
Guess he used his “pecil-neck” to fill out false docs.
Lock him up…….but quickly. A typical self-important hypocritical politician
Give that piece of trash everything he deserves
“Find me the man, and I’ll find you the crime”. Karma is a beach.
Bigmouth needs a broomstick
Cool. It is hard to be opposed to an investigation.
Feh – who knows how many frum Jews are involved in this as well.
Both sides need to stop nitpicking and going after opponents. This is a a sad state of the country. To those that call me a lib, I’ll just say you got me wrong . I was against the trump, George santos and Adams witch-hunts too . And I am against this too