Schiff of Mortgage Fraud — Schiff Fires Back, Calling It “Baseless Political Retaliation”
Former President Donald Trump has accused Sen. Adam Schiff of mortgage fraud, claiming the California Democrat misrepresented his primary residence to get better loan terms on a Maryland home. Trump alleged Schiff listed the Maryland property as his primary residence from 2009 to 2020 while also claiming his California home as primary, though he offered no concrete evidence. Schiff dismissed the claims as politically motivated attacks tied to his role in Trump’s first impeachment.
The legal case appears murky. Members of Congress must live in the state they represent when elected, but aren’t required to reside there year-round. Schiff’s team argues that his lenders were aware of his bi-coastal lifestyle and that no fraud occurred. Records suggest Schiff refinanced his Maryland home multiple times, listing it as his primary residence, while other documents labeled his California home the same.
The allegations gained traction after a Republican real estate investigator filed an ethics complaint last year. Schiff maintains he never sought financial advantage and used both properties year-round. He also hit back, accusing Trump of attempting to deflect attention from his own legal troubles and reigniting their long-standing political feud.
Though Trump later admitted he wasn’t sure Schiff had actually broken the law, the accusations have stirred political tensions. The episode highlights their ongoing rivalry and the broader battle for public perception as both men eye the 2024 election landscape. Legal fallout remains uncertain, but the political impact is already unfolding.