Criminal Investigation Targets Adam Schiff Over Alleged Mortgage Fraud Scheme

A source from the Trump administration has confirmed to The Ingraham Angle that Senator Adam Schiff is under criminal investigation by the U.S. Attorney’s Office in Maryland for possible mortgage fraud. The investigation reportedly centers around allegations that Schiff falsified bank documents and property records to obtain more favorable loan terms—raising serious questions about potential financial misconduct.

This development follows The Angle’s exclusive report last month that the Federal Housing Finance Agency (FHFA) had submitted a criminal referral to the Department of Justice. The referral detailed alleged inconsistencies in Schiff’s loan applications tied to two properties—one in Montgomery County, Maryland, and another in Burbank, California.

Competing Claims on “Primary Residence”

According to a 2011 affidavit signed by then-Congressman Schiff, he identified a home in Montgomery County, Maryland, as his primary residence. However, during his 2023 campaign for U.S. Senate, Schiff claimed his Burbank condo was his primary residence.

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In a 2023 CNN interview, a campaign spokesperson echoed this assertion, stating that “the Burbank condo is his primary residence.” The spokesperson also claimed that both the California and Maryland addresses had been listed as primary residences “for loan purposes” to distinguish them from vacation homes—suggesting both were used year-round.

But legal experts warn that residency declarations on mortgage documents are not interchangeable. “The law does not work that way,” Laura Ingraham noted. “Nice try.”

Schiff Responds—Sort Of

Senator Schiff has yet to respond directly to The Ingraham Angle’s latest report. However, he previously attempted to downplay the controversy, saying in 2023:

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“Just about every member of Congress has a residence in their state and a residence back in D.C. … But our principal residence, our primary residence, is in California and always has been and always will be.”

Yet, the paper trail tells a more complicated story—and potentially a criminal one. The FHFA’s referral to the DOJ alleges that Schiff made contradictory claims about where he lived to obtain better loan conditions, an act that could carry serious legal consequences if proven.

What’s Next?

The DOJ has not issued any formal charges, and the investigation’s timeline remains unclear. Still, the seriousness of the allegations and the credibility of the source suggest the matter is far from over.

As Laura Ingraham pointed out during her segment:

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“During Russiagate, they liked to say: ‘No one is above the law.’ Well… we’ll see.”

The Angle will continue tracking this developing story.