🚨 BREAKING: Adam Schiff has been criminally referred to the DOJ for mortgage fraud.
The same Schiff who led Trump’s impeachment.
The same Schiff who cried “Rule of Law.”
The scam? It ran for 16 years.
Let's break it down 🧵
2/ The Director of the Federal Housing Finance Agency (FHFA) says Schiff falsified mortgage documents from 2003 to 2019 to secure favorable rates.
The fraud involved multiple homes in Maryland and California—at the same time.
And there you thought it was just Letitia James.
3/ Schiff allegedly claimed his Maryland mansion was his primary residence to lock in a lower rate…
Even while representing California in Congress.
He repeated this claim in refinances through 2013.
He didn’t correct it until 2020—after the damage was done.
4/ At the same time, Schiff was also claiming his Burbank condo was his primary residence to snag a $7,000 tax break.
Oh, and legally, his primary residence MUST be in CA.
Letitia James pulled the same scam, claiming a "primary" residence in VA while serving as New York AG.
5/ And the perks?
Primary mortgages have lower rates than second homes—up to 0.50% less.
For Schiff, this likely meant tens of thousands in savings, all gained under false pretenses.
That’s bank fraud, wire fraud, and false statements—a federal trifecta.
6/ Fannie Mae’s Financial Crimes division confirmed:
Schiff may have committed a sustained pattern of occupancy misrepresentation across five federally backed loans.
This is exactly what landed other officials in prison—and Schiff knew it.
7/ 🚨 This is the Adam Schiff who:
▪️ Led Trump impeachment
▪️ Lied about “proof” of Russia collusion
▪️ Pushed the fake Steele Dossier
▪️ Abused subpoena power
While he was committing real fraud.
But hey: Tish James claimed Trump's $1B Mar-a-Lago was only worth $17 million.
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