California Senator Adam Schiff (D) is under criminal investigation.<\/p>\n\n\n\n
Fox News host Laura Ingraham broke the news on Tuesday night on “The Ingraham Angle,” saying the source said a criminal investigation is being conducted by the U.S. Attorney\u2019s Office in Maryland on possible charges involving mortgage fraud.<\/p>\n\n\n\n
The investigation comes a month after a story broke about the Federal Housing Finance Agency (FHFA) sending a criminal referral to the Department of Justice (DOJ) alleging that Schiff, in multiple instances, falsified bank documents and property records to acquire more favorable loan terms.<\/p>\n\n\n\n
In a 2011 affidavit signed by the then-California congressman, Schiff certified that a property in Montgomery County, Maryland, is his primary residence.<\/p>\n\n\n\n
Schiff also owns a condominium in Burbank, California, which he has also claimed as his primary residence as recently as 2023, during his campaign for Senate.<\/p>\n\n\n\n
Fox News reports<\/a>:<\/p>\n\n\n\n Pulte later received a memo from the Fannie Mae financial crimes investigations concluding that Schiff allegedly engaged in “a sustained pattern of possible occupancy misrepresentation” on five Fannie Mae loans.<\/p>\n\n\n\n Schiff and his wife purchased a home in Potomac, Maryland, in 2003 for $870,000, according to the letter. They entered into a Fannie Mae-backed mortgage agreement for $610,000 at a rate of 5.625% over a term of 30 years, asserting the property would be their primary and principal residence. <\/p>\n\n\n\n The letter said they reaffirmed that the Maryland home was their primary residence in mortgage refinancing filings in 2009, 2011, 2012 and 2013, despite Schiff being an elected official representing the state of California at the same time. <\/p>\n<\/blockquote>\n\n\n\n In 2023, the letter notes, a spokesperson for Schiff asserted that, “Adam\u2019s primary residence is Burbank, California, and will remain so when he wins the Senate seat.”<\/p>\n\n\n\n A spokesperson for Schiff in 2023 told CNN that, “Adam\u2019s California and Maryland addresses have been listed as primary residences for loan purposes because they are both occupied throughout the year and to distinguish them from a vacation property.” <\/p>\n\n\n\n The federal housing official wrote that he believes Schiff’s alleged misconduct could be violations of federal criminal codes banning wire fraud, mail fraud, bank fraud, and false statements to financial institutions. <\/p>\n\n\n\n READ NEXT: <\/strong>Trump Demands Intel CEO Resign Amid China Ties<\/a><\/p>\n\n\n\n\n