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President Donald Trump charged out of the gate Tuesday, alleging U.S. Sen. Adam Schiff (D-CA) has been the benefactor of a mortgage fraud scheme dating back to his time prosecuting Trump as a leader of the J6 congressional committee.
In a lengthy social media post, Trump referred to his longtime nemesis as a “scam artist.”
“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 wrote on Truth Social. “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.”
The allegation is similar to one levied against New York Attorney General Letitia James, who was referred for criminal prosecution earlier this year after federal authorities discovered inconsistencies in her mortgage documents dating back decades. James has lawyered up, accusing Trump of pursuing a “political witch hunt” while benefitting from a secret $10 million public fund she can tap for legal expenses.
Schiff, however, hasn’t seen his home state lawyers do the same.
“I always knew Adam Schiff was a Crook,” Trump exclaimed.
According to the president, Sen. Schiff refinanced his Maryland property with federal loan holders on Feb. 6, 2009, which he listed at the time as his primary residence. The alleged deception continued until Oct. 13, 2020, when Trump claims the paperwork was corrected to list the home as a secondary residence…
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