Matt Margolis writes for PJMedia.com about a left-wing senator’s latest challenge.
Sen. Adam Schiff, the man who never missed a chance to lecture America about ethics and accountability, is now the focus of a full-blown federal criminal investigation.
On Tuesday, the U.S. Attorney’s Office in Maryland, hardly a bastion of right-wing activism, revealed it is actively pursuing Schiff for alleged mortgage fraud. This isn’t some garden-variety political dustup—Schiff faces accusations that he repeatedly lied about his primary residence on federally backed mortgage applications spanning over a decade, from 2009 through 2020. While representing California in Congress, Schiff allegedly listed a Maryland property as his primary address to secure more favorable terms on his loans. Simultaneously, he maintained ownership and residency at his Burbank, California condo, the very residence promoted as his home base during his 2023 Senate campaign.
The accusations don’t stop at mere paperwork snafus. The Federal Housing Finance Agency referred the matter to the Department of Justice after uncovering evidence that Schiff may have falsified bank documentation and property records—not once but repeatedly—to line his own pockets. If true, these are not trivial offenses. They point to violations of wire fraud, bank fraud, and submitting false financial statements, all crimes carrying serious criminal consequences. The noose tightens most notably around a 2011 affidavit in which Schiff declared under penalty of perjury that the Montgomery County, Maryland, home was his primary residence. Yet, when political winds shifted, he evidently felt comfortable turning on a dime and marketing himself as a lifelong Californian.
Put simply: the law typically deals harshly with individuals savvy enough to game the system for personal gain. U.S. Attorneys in Maryland have honed in on Schiff’s false affidavit, which enabled him to obtain more advantageous loan terms reserved for primary residences—a benefit never intended for jet-setting politicians seeking to have it both ways.
