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Adam Schiff Said to Be Under Federal Criminal Investigation for Suspected Mortgage Fraud

Adam Schiff Said to Be Under Federal Criminal Investigation for Suspected Mortgage Fraud

Investigation Into Senator Schiff

Laura Ingraham from Fox News reported on Tuesday that the U.S. Attorney’s Office in Maryland is looking into allegations of mortgage fraud involving Democratic Senator Adam Schiff from California.

This inquiry comes after it was revealed last month that the Federal Housing and Finance Agency (FHFA) had forwarded Schiff’s case to the Department of Justice (DOJ). They are accused of using forged documents tied to bank accounts and property records to secure more favorable terms for their loans.

The FHFA claims that Schiff and his wife misrepresented their Maryland home as their primary residence. This alleged misrepresentation reportedly continued through several refinancing transactions from 2003 to 2019, during which Schiff served as a representative for California.

Moreover, Schiff pushed for a homeowner’s tax exemption for apartment complexes located in Burbank, California, labeling the Maryland property as his main residence. The FHFA’s referral raises concerns about possible breaches of federal criminal laws, including wire fraud, mail fraud, bank fraud, and making false statements to financial institutions.

In November 2023, CNN reported that Schiff claimed both the Maryland home and California condominiums as his primary residences. “I think almost every member of Congress lives in the state. We think that during the majority of the week, people make family decisions where they give birth,” Schiff noted previously.

As of now, Schiff’s office has not provided a response to inquiries from the media.

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