Delicious irony.
In a farcical irony, Democratic Sen. Adam Schiff of California could face criminal prosecution for financial real-estate fraud — something Democrats had toothlessly accused President Donald Trump of doing.
As a reminder, Trump was not criminally charged in the 2022 civil lawsuit filed by left-wing New York Attorney General Letitia James.
In contrast, Schiff could be criminally prosecuted and faces a potential jail sentence of 20 years.
William Pulte, the director of the Federal Housing Finance Agency, made the criminal referral in a May 27 letter to the Justice Department, but the allegations were made public this week.
In his letter, Pulte said, Schiff “has, in multiple instances, falsified bank documents and property records to acquire more favorable loan terms, impacting payments from 2003-2019 for a Potomac, Maryland-based property.”
In a nutshell, Schiff — a resident of California — is accused of falsely claiming his Maryland home was his primary residence in order to get a lower interest rate.
“Mr. 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,” Pulte wrote in his criminal referral letter to the DOJ.
In 2009, 2011, 2012, and 2013, Schiff refinanced his Maryland home and listed it as his “principal residence.”
At the same time, he simultaneously listed his California condo as his primary residence in separate financing documents.
If these allegations are true, Pulte said, it appears Schiff committed the following federal crimes:
- Bank fraud.
- Making false statements to a financial institution.
- Wire fraud.
- Mail fraud.
Trump torched Schiff in a withering Truth Social post on Tuesday.

On Tuesday, Pulte said Fannie Mae’s Financial Crimes Division “concluded that Mr. Schiff has engaged in a sustained pattern of possible Mortgage Fraud.”

………For reference, New York Attorney General Letitia James — who prosecuted Trump for financial fraud — is currently under criminal investigation for allegedly committing mortgage fraud.
Time and time again, Democrats prove the adage that “every accusation is a confession.”
In other words, whenever a leftist accuses you of something, it’s because they’re guilty of doing it themselves.
Schiff is a corrupt shitstain, and for the Senate, that’s saying a lot. Schiff and Eric Swalwell basically served as moles for the DOJ to spy on political opponents and subvert any attempt to uncover the truth behind the Russian collusion hoax.
He was censured by the House for his malfeasance.
Adam Schiff should be charged with the illegal subpoena of phone records, lying to Congress about the “whistleblower” and abuse of power.
Schiff met with a Chinese Communist Party official previously responsible for spearheading the regime’s foreign influence operations on a visit to Washington, D.C. sponsored by the China-United States Exchange Foundation.
He has lengthy connections to corrupt socialist billionaire George Soros.
He fabricated the transcript of a 2019 phone call between former President Donald Trump and Ukraine’s president, and doctored text messages between Mark Meadows and Rep. Jim Jordan.
His 6 Jan ‘committee’ was unconstitutional leftwing partisan hackery.
The Twitter Files revealed that Schiff attempted to silence journalists he did not like such as Paul Sperry. He was part of the Biden regime’s efforts to censor dissenting viewpoints and limit the flow of information to the public. He also tried to get Big Tech to deactivate social media accounts that were calling for transparency, under the claim that these accounts were “foreign operatives”.
He should be at least one of the members in the Dem cabal charged with criminal acts against the American people.
Related article:
https://nypost.com/2020/05/08/adam-schiff-lied-about-the-trump-probe-and-the-media-let-him/
