Schiff has been caught red-handed!
President Donald Trump has just accused California Senator Adam Schiff of a massive mortgage fraud scheme — and now the feds are getting involved.
In a fiery post on Truth Social Tuesday, Trump called out the longtime Democrat and former House Intel Chair, claiming Schiff committed long-term mortgage fraud to get financial breaks on a Maryland property — despite representing California in Congress.
“I always suspected Shifty Adam Schiff was a scam artist. Now we have the proof,” Trump said. “Fannie Mae’s Financial Crimes Division believes he committed mortgage fraud over many years.”
According to Trump, Schiff fraudulently listed his Maryland house as a primary residence to secure a lower interest rate — a move that could violate federal mortgage laws.
“He was living in California, pretending he lived in Maryland just to rip off the system. The fraud began in 2009 and continued for over a decade. It’s criminal,” Trump wrote.
Federal Agency Sends Criminal Referral to Justice Department
A senior administration official confirmed that the Federal Housing Finance Agency (FHFA) — which oversees both Fannie Mae and Freddie Mac — has now sent a formal criminal referral to the Department of Justice for review.
“This is extremely serious,” said the official. “Senator Schiff may face a separate criminal charge for each fraudulent mortgage payment made.”
That could translate to dozens of charges — and possibly jail time, if proven in court.
Schiff Responds: Claims It’s Just Political Payback
In response, Schiff lashed out at Trump on X (formerly Twitter), claiming this was all about revenge for his role in the first Trump impeachment.
“Trump’s been calling for me to be arrested since 2019. This latest stunt is nothing new,” Schiff posted.
He called the accusations “baseless” and accused Trump of trying to deflect attention from his own legal issues.
A Schiff spokesperson also defended the Senator, claiming both of his homes were used year-round and that the banks were “fully aware” of his living arrangements.
More Trump Critics Under Federal Scrutiny
This isn’t the first time a political enemy of Donald Trump has found themselves in hot water.
Earlier this year, FHFA Director Bill Pulte referred New York Attorney General Letitia James to the Justice Department over her own alleged mortgage violations — related to properties in Brooklyn and Virginia.
James, who spearheaded a controversial civil fraud judgment against Trump, has denied any wrongdoing. But federal authorities have already opened a probe, and the case is ongoing.
Trump called James a “total crook” during a May event in the Oval Office.
Why It Matters: Is This the Tip of the Iceberg?
For years, many Americans have suspected that corrupt politicians are gaming the system — using insider power and shady paperwork to line their own pockets.
Now, with criminal referrals hitting two major Trump foes, some say the truth is finally coming to light.
Could Schiff face prosecution? Will more names come out next?
Bottom Line for Conservative Americans
This case is about more than one politician. It’s about accountability, abuse of power, and the two-tier justice system that so many Americans are fed up with.
As the 2024 election approaches, President Trump is putting the spotlight back on corruption — and reminding voters that he’s not afraid to take on the swamp.