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Federal Prosecutors Zero In on Schiff’s Fraud Scheme Fox News host Laura Ingraham reported Tuesday that the U.S. Attorney’s Office in Maryland is investigating Democratic California Sen. Adam Schiff for alleged mortgage fraud. This isn’t some political witch hunt – this is a legitimate criminal investigation based on hard evidence that Schiff repeatedly defrauded federal
Fox News host Laura Ingraham reported Tuesday that the U.S. Attorney’s Office in Maryland is investigating Democratic California Sen. Adam Schiff for alleged mortgage fraud. This isn’t some political witch hunt – this is a legitimate criminal investigation based on hard evidence that Schiff repeatedly defrauded federal housing programs for personal financial gain.
The probe follows a criminal referral from the Federal Housing Finance Agency (FHFA) to the Department of Justice, accusing Schiff of falsifying bank documents and property records to secure more favorable loan terms. Between 2003 and 2019, Schiff allegedly engaged in what federal investigators describe as “a sustained pattern of possible occupancy misrepresentation” on multiple federally-backed mortgages.
Here’s how the scam worked: Schiff and his wife allegedly misrepresented their Maryland home as their primary residence to obtain lower interest rates on Fannie Mae-backed mortgages, despite Schiff representing California in Congress during that entire period. They allegedly continued this misrepresentation through multiple refinancing transactions, saving thousands of dollars by defrauding government programs designed to help legitimate homeowners.
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The financial crimes division of Fannie Mae concluded that Schiff’s actions constituted mortgage fraud – the same type of crime that sends regular Americans to federal prison. But Schiff thought his position in Congress made him untouchable, continuing his alleged fraud scheme for over a decade while simultaneously claiming a homeowner’s tax exemption on his California condo.
President Trump has been calling out Adam Schiff as a fraud for years, and once again his instincts have been proven absolutely correct. “I have always suspected Shifty Adam Schiff was a scam artist,” Trump declared on Truth Social when the criminal referral was first revealed. “And now I learn that Fannie Mae’s Financial Crimes Division have concluded that Adam Schiff has engaged in a sustained pattern of possible Mortgage Fraud.”
Trump continued: “I always knew Adam Schiff was a Crook. The FRAUD began with the refinance of his Maryland property on February 6, 2009, and continued through multiple transactions until the Maryland property was correctly designated as a second home on October 13, 2020. Mortgage Fraud is very serious, and CROOKED Adam Schiff (now a Senator) needs to be brought to justice.”
The President’s ability to see through the fake personas of his political enemies is remarkable. While the mainstream media treated Schiff like some kind of ethical authority during the Russia hoax and impeachment circus, Trump saw right through him. Every American who trusted Trump’s judgment about Schiff’s character has been vindicated by these criminal charges.
FHFA Director William Pulte didn’t mince words in his criminal referral: “As regulator of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks, we take very seriously allegations of mortgage fraud or other criminal activity. Such misconduct jeopardizes the safety and soundness of FHFA’s regulated entities and the security and stability of the U.S. mortgage market.”
This is the same Adam Schiff who spent years lecturing Americans about accountability, ethics, and the rule of law while allegedly committing federal crimes for personal profit. The man who claimed President Trump was a threat to democracy was allegedly defrauding government housing programs designed to help American families achieve homeownership.
“This is just Donald Trump’s latest attempt at political retaliation against his perceived enemies,” Schiff whined on social media when the investigation was revealed. But this isn’t political retaliation – this is justice finally catching up with someone who thought his political position put him above the law. The evidence comes from federal housing regulators, not political operatives.
The federal housing official 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. These are serious federal felonies that carry significant prison sentences. Schiff “appears to have falsified records in order to receive favorable loan terms, and also appears to have been aware of the financial benefits of a primary residence mortgage when compared to a secondary residence mortgage,” according to the criminal referral.
The irony is perfect: the man who tried to impeach President Trump over a perfectly legal phone call is now facing real criminal charges for documented fraud. Every patriot who suffered through Schiff’s lies during the Russia hoax and impeachment circus is now watching karma deliver justice in the most satisfying way possible.
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