Schiff Facing Stiff Fines, Other Penalties In Mortgage Fraud Probe

Senator Adam Schiff (D-CA), long known for pushing baseless legal attacks against President Donald Trump, is now facing serious legal scrutiny of his own.

According to a bombshell report in the Washington Times, Schiff has been referred to the Department of Justice for potential prosecution over alleged mortgage fraud involving dual “primary residence” claims in California and Maryland — a move experts say could land him in serious legal and financial jeopardy.

Financial crimes attorneys say this type of fraud is typically “clear-cut” and rarely defensible in court.

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Between 2013 and 2019, Schiff and his wife allegedly claimed a home in Potomac, Maryland, as their primary residence in mortgage documents — slashing their monthly payments. At the same time, Schiff also claimed a residence in Burbank, California, as his primary residence to qualify for a state tax exemption, reportedly saving himself more than $7,000.

As a federal lawmaker representing California during that period, Schiff was legally required to maintain his primary domicile in California — not Maryland.

“We’re talking about falsified property and banking documents to reap financial gain,” one legal expert told the Times. “If the DOJ pursues this, and the evidence is clean, he’s looking at restitution, penalties, and potentially more.”

Borrowers routinely receive better terms when declaring a property as their primary home rather than a secondary or investment property — a detail not lost on Schiff, who used his Maryland designation to his financial advantage.

Schiff, naturally, denies wrongdoing. He insists both homes were used year-round and that the banks were fully aware. But his story is raising more eyebrows than sympathy.

Keith Gross, a Florida-based criminal defense attorney, told the Washington Times that mortgage fraud cases like this are rarely tried in court because of how “black-and-white” the financial records tend to be.

“If the answers to those questions are undisputed, there is nothing to have a trial about,” Gross explained. “You just see some sort of payment included as part of a plea deal — a fine, restitution, maybe other sanctions.”

The key question: Did Schiff knowingly sign legal documents asserting two different homes as his primary residence?

President Donald J. Trump, never one to mince words about his longtime antagonist, weighed in Thursday on Truth Social:

“I have always suspected Shifty Adam Schiff was 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 added:

“Mortgage Fraud is very serious, and CROOKED Adam Schiff (now a Senator) needs to be brought to justice.”

According to the Washington Times, Fannie Mae — which has been under federal conservatorship since the 2008 crisis — discovered that Schiff only retroactively designated the Maryland home as a “second home” in 2020, years after reaping the financial benefits of dual-primary status.

The allegations mark a stunning reversal for Schiff, who led the impeachment charade against President Trump and spent years falsely accusing him of fraud, collusion, and even “treason.”

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In 2023, Schiff sanctimoniously accused Republicans of forming an “immoral majority” by supporting Trump:

“The party, formerly of the moral majority, is now, I suppose, trying to fashion some kind of immoral majority to reinstate Donald Trump as president,” Schiff said then.

Now, it appears the only immorality on display may be Schiff’s own.

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