Only hours after President Donald Trump described Sen. Adam Schiff, D-Calif., one of the most ardent Trump attackers in Congress, as a scam artist, it was revealed that Schiff was named in a criminal referral on suspicion of mortgage fraud.
In a Truth Social post Tuesday, Trump said: “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.
BREAKING: The criminal referral on Adam Schiff has been obtained by Laura Ingraham and you wouldn’t believe what they’re alleging.
They say that Pencil Neck did the same thing they accused Trump of doing.
What goes around comes around. PROSECUTE! pic.twitter.com/lXFpDVuiDx
— Gunther Eagleman
(@GuntherEagleman) July 15, 2025
It was during the Ingraham Angle podcast that Laura Ingraham revealed she had obtained access to a criminal referral submitted to the Department of Justice naming Schiff.
The Gateway Pundit reported the referral was from Housing Director Bill Pulte and it accuses Schiff of falsifying bank documents and property records over a period of 16 years “in order to score more favorable mortgage terms.”
Ingraham explained, “The referral, submitted to the DOJ by Housing Director Bill Pulte, alleges that Schiff has, in multiple instances, falsified bank documents and property records to acquire more favorable loan terms—impacting payments from 2003 to 2019 for a Potomac, Maryland-based property. Schiff owns a home in California and another in Maryland.”
Former federal prosecutor Jonathan Fahey joined Laura Ingraham to analyze the criminal referral, saying, “Well, when Trump does it, they make it seem like the biggest deal ever—like they alleged in the New York case. That’s a fun irony here. But basically, it’s lying on a mortgage application to get more favorable loan terms. When you say it’s your primary residence, you get a more favorable loan term than if it’s a rental residence or something else. What’s really interesting about this—Adam—this was not just coming from President Trump. In 2023, CNN reported on this issue. He’s, on one hand, saying he’s a resident of California to run for office—to run for the House, and then for the Senate—and also taking a deduction in California based on claiming residency in California. For the IRS, also, you can’t claim residency in both California and Maryland. He’s got a lot of issues, because it seems like, however this breaks down, it looks like he’s saying one thing here, one thing there. He can’t be a resident in both places. So it’s either: was he lying in California, or lying in Maryland to get more favorable loan terms?”
Schiff first went to Congress in 2000. Then in 2003 he apparently bought a home in Maryland, stating it would be his primary residence.
But he continued to vote, as a resident, in California.
BREAKING: President Trump announces Adam Schiff may have committed mortgage fraud, based on a report from Fannie Mae’s Financial Crimes Division. pic.twitter.com/L7goYCaLhN
— Benny Johnson (@bennyjohnson) July 15, 2025
Schiff, who wildly claimed during the Russiagate conspiracy theory that he had seen the evidence of Trump’s criminal actions, and later insisted on leading a failed impeach-and-remove campaign against Trump, has never desisted in making scandalous claims about him.
Donald Trump is calling for me to be criminally prosecuted.
It’s nothing new – but his attacks on the rule of law are more dangerous than ever. pic.twitter.com/UkAkr2Lsql
— Adam Schiff (@SenAdamSchiff) July 15, 2025
‘Very serious’: Trump unleashes on ‘scam artist’ Adam Schiff for possible ‘fraud’
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Author: Bob Unruh
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