Adam Schiff Reportedly Under Federal Criminal Investigation For Alleged Mortgage Fraud

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.

The probe follows a month-old revelation that the Federal Housing Finance Agency (FHFA) had referred Schiff’s case to the Department of Justice (DOJ), accusing him of falsifying bank documents and property records to secure more favorable loan terms, according to Fox News.

Schiff and his wife allegedly misrepresented their Maryland home as their primary residence to obtain a lower interest rate on a Fannie Mae-backed mortgage, according to the FHFA’s letter. They allegedly continued this misrepresentation through multiple refinancing transactions from 2003 to 2019, despite Schiff representing California in Congress during that period.

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Additionally, Schiff claimed a homeowner’s tax exemption on a condominium in Burbank, Calif., all while designating the Maryland property as his primary residence. The FHFA’s referral suggests potential violations of federal criminal codes, including wire fraud, mail fraud, bank fraud, and making false statements to financial institutions. (RELATED: Even Adam Schiff Doesn’t Seem To Be A Fan Of AOC’s Call To Impeach Trump Over Iran Bombing)

CNN first reported in November 2023 that Schiff claimed both a Maryland property and a condo in Burbank as his primary residences.

“I think just about every member of Congress has a residence in their state and a residence back in D.C. since we’re in session much of the week and people make a family decision where they’re going to have their kids,” Schiff said in 2023. “And but our principal residence, our primary residence, is in California and always has been and always will be.”

Schiff’s office did not immediately respond to the Daily Caller News Foundation’s request for comment.

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