President Trump has accused Adam Schiff of engaging in mortgage fraud.
The announcement claims that Fannie Mae's Financial Crimes Division has identified Schiff's involvement in fraudulent activities. "I have always suspected Shifty Adam Schiff was a scam artist," Trump declared on Truth Social. "And now I learn that Fannie Maes Financial Crimes Division have concluded that Adam Schiff has engaged in a sustained pattern of possible Mortgage Fraud."
According to Trump, Schiff misrepresented his primary residence as being in Maryland to secure a more favorable mortgage rate, despite his obligation to reside in California as a Congressman. "Adam Schiff said that his primary residence was in MARYLAND to get a cheaper mortgage and rip off America, when he must LIVE in CALIFORNIA because he was a Congressman from CALIFORNIA," Trump stated.
The alleged fraudulent activity reportedly began with the refinancing of Schiff's Maryland property on February 6, 2009, and persisted through various transactions until the property was correctly labeled as a second home on October 13, 2020. Trump further emphasized, "Mortgage Fraud is very serious, and CROOKED Adam Schiff (now a Senator) needs to be brought to justice."
As reported by the Gateway Pundit, Schiff has previously claimed Maryland as his primary residence. In April 2023, a vigilant Californian citizen uncovered what they believe to be criminal actions by Schiff. Elected to Congress in 2000, Schiff and his wife purchased a Maryland home in 2003, asserting it as their "primary residence" for 12 consecutive months.
Despite this, Schiff continued to vote in California, where he purportedly maintains a modest condo in Burbank, potentially to lower his tax liabilities.
The situation raises questions about Schiff's residency claims, particularly given his refinancing activities in 2009, 2010, 2011, and 2013. A House Ethics investigation in 2009 highlighted these actions, to which Schiff responded by attributing them to an error and subsequently repaying the exempt taxes to Maryland. Notably, Steven Watkins, a Congressman from Oklahoma, faced criminal charges for similar conduct.
The question remains whether Schiff will face equivalent consequences. Skepticism abounds, as many believe that Democrats, especially those in Washington, D.C., often operate under a different set of rules. This situation underscores the ongoing debate about accountability and fairness in the political arena, particularly when it comes to upholding the law.
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