At least two of the Democrats who went after President Donald Trump in one way, shape, or form are now facing their own potentially massive legal consequences.
According to the New York Post, Department of Justice Special Attorney Ed Martin was reportedly spotted outside of the Clinton Hill brownstone home of New York Attorney General Letitia James as an investigation into potential mortgage fraud unfolds.Â
AG James’ multi-family Brooklyn residence is at the center of a mortgage fraud investigation that was announced earlier this week.
Martin was appointed by U.S. Attorney General Pam Bondi to run parallel mortgage fraud investigations into James and California Sen. Adam Schiff (D), who has also been accused of committing that type of fraud.
What’s going on?
Both James and Schiff have been accused of falsifying property records in order to gain more favorable loan terms — a common crime that too many in the world of Hollywood and political elites tend to get away with.
James’ case centers on her multi-family home, which has five units, but was only claimed to have four by James on loan applications.
The Post noted:
James’ Brooklyn property at 296 Lafayette Avenue is classified as a five-unit dwelling, but James is alleged to have misrepresented the building on mortgage applications, building permits, and filings for government assistance as having only four units.
The false information allowed the attorney general to secure more favorable loan terms, including lower interest rates and down payments.
The Post added:
The alleged misclassification allowed her to qualify for loans with better interest rates and lower down payments through Fannie Mae and Freddie Mac, which are only available for properties with four or fewer residential units.
Martin was questioned by a neighbor when he was spotted looking at James’ home. The neighbor seemed to get a little testy when asking Martin why he was there.
“I’m just happy to be on a block looking at houses . . . I’m just looking at houses, interesting houses. It’s an important house.” Martin replied.
What started it?
Federal Housing Finance Agency Director Bill Pulte was the first to refer the potential case to the DOJ.
Pulte told the DOJ that he believes James “falsified bank documents and property records to acquire government backed assistance and loans and more favorable loan terms.”
Only time will tell where the investigation leads and if consequences will come as a result.
The post Special Attorney Ed Martin spotted scoping out AG Letitia James’ NY home appeared first on Conservative Institute.
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Author: Ryan Ledendecker
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