Adam Schiff, Mortgage Fraudster? The Probe Is On!

Adam Schiff is under investigation for mortgage fraud. He allegedly pulled a similar stunt to the one allegedly pulled by New York Attorney General Letitia James. He is under a probe by the Maryland US Attorney.

It’s hard to imagine anything happening to the corrupt senator, but we won’t be sorry if he is tried and convicted.

The Story

On Truth Social, President Trump said Schiff listed his primary residence as his second home in Maryland to get a cheaper mortgage. Schiff lives in California and was a California representative at the time of the alleged fraud.

Schiff refinanced his Maryland home on February 6, 2009 and that is when the fraud began. It continued through multiple transactions until the Maryland home was properly designated as a second home on October 13, 2020, President Trump explained.

CNN’s Kfile exposed this in 2023 when Schiff was running for the Senate:

For more than a decade, California Senate hopeful Rep. Adam Schiff has claimed his primary residence is a 3,420 square foot home he owns in Maryland, according to a review of mortgage records.

At the same time, Schiff has for years taken a homeowner’s tax exemption on a much smaller 650 square foot condo he owns in Burbank, California, also claiming that home as his primary residence for a $7,000 reduction off the 1% property tax, amounting to a roughly $70 in annual savings. He did not take an exemption on his home in Maryland.

While Schiff has signed documents asserting both the Maryland property and the significantly smaller Burbank condo as his primary residences, tax records indicate that he paid his California property taxes in 2017 with a check featuring his Maryland address – the only year he paid with a personal check. And a review of past comments, pictures shared on his public social media, and records indicate Schiff makes his full-time home in Maryland.

It sounds bad. Lock him up!