Sen. Adam Schiff (D-CA), once the chief salesman of the failed impeachment crusade against President Donald J. Trump, is now staring down a potential criminal indictment of his own. Newly unearthed financial records and recently declassified FBI memos have placed Schiff at the center of a widening corruption scandal that could carry prison sentences measured in decades.

According to The New York Post, Schiff secured rock-bottom mortgage rates and dubious tax breaks on multiple properties, despite federal rules that should have disqualified him. The deals, now under Department of Justice investigation, allowed him to pocket tens of thousands of dollars in savings while the average American family struggled to afford basic housing costs.

In 2020, Schiff refinanced both his upscale Maryland estate and his small Burbank, California condo at just 3 percent — a rate even lower than the national average of 3.1 percent at the time. Even more suspicious, lenders extended him the same deal on both properties, though secondary residences normally face a penalty of up to half a percentage point.

For years, Schiff simultaneously listed both properties as “primary residences,” a designation that not only secured him cheaper financing but also unlocked a $7,000 California property tax break. He quietly changed the Maryland home’s designation in 2020 — but only after critics exposed the scheme.

Now, a federal grand jury in Maryland is reviewing evidence that Schiff committed wire fraud, bank fraud, mail fraud, and made false statements to financial institutions. Each charge carries a penalty of up to 30 years in prison.

Schiff’s finances flourished while these arrangements were in play. Public filings show his net worth jumping from around half a million dollars in 2002 to as much as $2.63 million in 2024. Yet Schiff inexplicably left his mortgages off financial disclosure forms for years, only acknowledging them in 2011 — long after acquiring both homes.

Meanwhile, neighbors told the Post that Schiff spends most of his time at his sprawling Maryland residence, even though he represents California. This contradiction undercuts his claim that the Burbank condo was his “primary” home — a convenient loophole that padded his bottom line.

President Trump wasted no time responding. “I have always suspected Shifty Adam Schiff was a scam artist,” Trump posted on Truth Social.

Republican National Committee Press Secretary Kiersten Pels echoed the sentiment: “Adam Schiff’s baseless smears of corruption against President Trump and Republicans have one simple explanation — he’s projecting. Schiff is a proven liar, a con man, and a fraud.”

The financial scandal is not Schiff’s only problem. Recently declassified FBI memos, delivered to Congress by Director Kash Patel, show that a Democratic intelligence officer repeatedly warned the bureau that Schiff had personally authorized leaks of classified information during the discredited Russia-collusion saga.

Despite lacking evidence, Schiff allegedly pushed for derogatory material about Trump to be released to the press — weaponizing his role on the House Intelligence Committee to damage the President.

Schiff denies wrongdoing, dismissing the criminal probe as political payback. “Since I led his first impeachment, Trump has repeatedly called for me to be arrested for treason,” Schiff complained on X. His spokesperson argued that his mortgage deals reflected “year-round bicoastal work obligations” and his “creditworthiness.”

They then resorted to attacking Trump directly, claiming: “It’s laughable that Donald Trump, who turned the presidency into a pay-to-play scheme to enrich himself, is desperate to project his own corruption onto others.”

For decades, Schiff portrayed himself as a defender of the rule of law — lecturing Americans that “no one is above the law.” Now, with DOJ prosecutors circling, his credibility is collapsing. The man who smeared President Trump with the Russia hoax and pushed for impeachment could soon find himself facing the very justice he claimed to champion.

If charges are filed, Adam Schiff may go from senator to felon, proving that his favorite line finally applies to him: no one is above the law.