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Bernie Sanders & Wife Lawyer Up in Fraud Case

Spike

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Bernie, Jane Sanders Hire Attorneys for Fraud Probe

Vermont Sen. Bernie Sanders and his wife, Jane, have hired lawyers as the FBI investigates whether the couple committed bank fraud. The FBI has been looking into whether Jane Sanders committed bank fraud in order to get approved for loans for the defunct Burlington College, and whether the senator himself was involved.

Jane Sanders Lawyers Up

Bernie Sanders was in the midst of an interview with a local TV reporter early last month when the senator fielded an unexpected question about an uncomfortable matter.

“There’s an implication, and from at least one individual, an explicit argument that when they called for an investigation into Burlington College that you used your influence to secure a loan from People’s United—”

The senator cut him off.

Sanders is used to fielding softball questions from an adoring local press, but his inquisitor, Kyle Midura of Burlington TV station WCAX, had a rare opportunity to put him on the spot. Investigative reporters had been breaking stories about a federal investigation into allegations that the senator’s wife, Jane Sanders, had committed fraud in obtaining bank loans for the now defunct Burlington College, and that Sanders’s Senate office had weighed in.

Sanders had never responded to questions about the case, but he took the bait this time. Briefly.

“Well, as you know,” he said, “it would be improp— this implication came from Donald Trump’s campaign manager in Vermont. Let me leave it at that, because it would be improper at this point for me to say anything more.”

Sanders and his wife have been trying to ignore the federal investigation since reporters for VTDigger, an online publication, confirmed the FBI’s involvement in April.

Now, Senator Sanders and his wife are taking the case more seriously. Jeff Weaver, Sanders’ longtime top political adviser who heads Sanders’ political organization confirms that Bernie and Jane Sanders have lawyered up.

The couple has retained Rich Cassidy, a well-connected Burlington attorney and Sanders devotee, and Larry Robbins, the renowned Washington-based defense attorney who has represented I. Lewis “Scooter” Libby and disgraced former Rep. Bill Jefferson, to represent Jane Sanders in the matter.

The FBI, it seems, is looking into exactly what Jane Sanders did or didn’t do—and whether her husband Bernie, hero of the progressive left, tried to ease along one of the loans.

http://www.politico.com/magazine/st...fraud-investigation-burlington-college-215297

---------------------------------------

LOCK THEM UP!
 
Bernie might have to sell off that new house that Tibs just paid for to pay legal bills, can't u hicks see what im sayin'?

berniehome.jpg
 
We all know what will happen.

Absolutely nothing. Like the Clintons, like Lynch, like Holder, like the rest, they are above the law.

But, but, but...RUSSIA.
 
Prosecutors might also be looking into allegations that Sen. Sanders' office inappropriately urged the bank to approve the loan.


I can hear his defense now: "Wait you’ve got it all wrong! I’m just a senile old socialist, I never took a penny!!"
 
Yea, because a $600k home equals a multimillion dollar skyscraper?
 
Yea, because a $600k home equals a multimillion dollar skyscraper?

No it doesn't.

But when said $600K hone is the THIRD house of a government Dalek that has never made any money through any type of commerce it looks a little shady.
 
No it doesn't.

But when said $600K hone is the THIRD house of a government Dalek that has never made any money through any type of commerce it looks a little shady.

Trump paid for his own skyscraper. Bernie didn't pay for jack **** with his own money because he doesn't have his own money.
 
Bernie is one of those incredibly unaccomplished career politicians who liberals think is smart.

While Sanders is wrong on many issues, the left should take notes as he's respectful to other politicians views.
 
He is a piece of **** whose only goal in life is to spend other people's money.
 
Prosecutors might also be looking into allegations that Sen. Sanders' office inappropriately urged the bank to approve the loan.


I can hear his defense now: "Wait you’ve got it all wrong! I’m just a senile old socialist, I never took a penny!!"

It seems that the money went to the college where Mrs. Sanders was the president and not to her, other than her hefty severance pay when the place closed.
 
It seems that the money went to the college where Mrs. Sanders was the president and not to her, other than her hefty severance pay when the place closed.

But the loan was highly leveraged to a school that was a high default risk, and seems to have been nudged along by political favoritism.

Sanders' top adviser Jeff Weaver told CBS News the couple has sought legal protection over federal agents' allegations from a January 2016 complaint accusing then-President of Burlington College, Ms. Sanders, of distorting donor levels in a 2010 loan application for $10 million from People's United Bank to purchase 33 acres of land for the institution. According to Politico, prosecutors might also be looking into allegations that Sen. Sanders' office inappropriately urged the bank to approve the loan.

http://www.zerohedge.com/news/2017-06-24/bernie-sanders-wife-under-fbi-investigation-bank-fraud

The records showed that Sanders had assured People’s United Bank and the state bonding agency that the college had $2.6 million in pledges to secure the loan. Internal college audits showed that only $676,000 in actual donations came in from 2010 to 2014. Sanders listed two people as having confirmed pledges for more money than they had offered; neither knew their pledges had been used to support the loan. A third donor had offered a $1 million bequest, to be paid upon her death. Instead, the college’s loan application counted it in funds to be paid out over the next few years.

The donor, Corinne Bove Maietta, told VTDigger she had made the bequest contingent on her death, but was surprised the college counted the $1 million toward paying off the land loan. “They had me in increments?” Maietta asked, from her home in Florida. “No, never.” She and her accountant said Sanders asked Maietta to sign documents confirming the donations, but they declined. Maietta said investigators with the Federal Deposit Insurance Agency had interviewed her about the loan details. At the time, Sanders declined to comment.


http://www.politico.com/magazine/st...fraud-investigation-burlington-college-215297

Nothing more than allegations at present, but if in fact Sanders' wife lied on the application about expected revenues and donations (she certainly seems to have done so since the school was unable to pay the loan for the land purchase almost immediately after the deal went through), then that is bank fraud. Further, if Sanders used his office to "nudge" the lender into making the loan, that is a potential ethics violation, by the same guy who rants about political favoritism and politicians lining their pockets.
 
No it doesn't.

But when said $600K hone is the THIRD house of a government Dalek that has never made any money through any type of commerce it looks a little shady.

The story is that the third house was bought with an inheritance his wife got...

Even if it is legit, the point Cope is making is irrelevant. Bernie makes his living telling people they should live with less so others can have some of their stuff. Yet, his third house cost $600k. When that money was inherited, why was it used to purchase a house most can't dream of owning as a first house, much less a third one, rather than being doled out like the good socialist he is said to be? Why does he even have a 2nd house?
 
Trump paid for his own skyscraper. Bernie didn't pay for jack **** with his own money because he doesn't have his own money.

he has the money of the Vermont taxpayers. Same thing.
 
But the loan was highly leveraged to a school that was a high default risk, and seems to have been nudged along by political favoritism.

Sanders' top adviser Jeff Weaver told CBS News the couple has sought legal protection over federal agents' allegations from a January 2016 complaint accusing then-President of Burlington College, Ms. Sanders, of distorting donor levels in a 2010 loan application for $10 million from People's United Bank to purchase 33 acres of land for the institution. According to Politico, prosecutors might also be looking into allegations that Sen. Sanders' office inappropriately urged the bank to approve the loan.

http://www.zerohedge.com/news/2017-06-24/bernie-sanders-wife-under-fbi-investigation-bank-fraud

The records showed that Sanders had assured People’s United Bank and the state bonding agency that the college had $2.6 million in pledges to secure the loan. Internal college audits showed that only $676,000 in actual donations came in from 2010 to 2014. Sanders listed two people as having confirmed pledges for more money than they had offered; neither knew their pledges had been used to support the loan. A third donor had offered a $1 million bequest, to be paid upon her death. Instead, the college’s loan application counted it in funds to be paid out over the next few years.

The donor, Corinne Bove Maietta, told VTDigger she had made the bequest contingent on her death, but was surprised the college counted the $1 million toward paying off the land loan. “They had me in increments?” Maietta asked, from her home in Florida. “No, never.” She and her accountant said Sanders asked Maietta to sign documents confirming the donations, but they declined. Maietta said investigators with the Federal Deposit Insurance Agency had interviewed her about the loan details. At the time, Sanders declined to comment.


http://www.politico.com/magazine/st...fraud-investigation-burlington-college-215297

Nothing more than allegations at present, but if in fact Sanders' wife lied on the application about expected revenues and donations (she certainly seems to have done so since the school was unable to pay the loan for the land purchase almost immediately after the deal went through), then that is bank fraud. Further, if Sanders used his office to "nudge" the lender into making the loan, that is a potential ethics violation, by the same guy who rants about political favoritism and politicians lining their pockets.

staunch
liberals
who
lean
socialist
do
not
lie
 
he has the money of the Vermont taxpayers. Same thing.

Bernie knows better what to do with their money than the good Liberals of Vermont, and they know this.
 
Prosecutors might also be looking into allegations that Sen. Sanders' office inappropriately urged the bank to approve the loan.


I can hear his defense now: "Wait you’ve got it all wrong! I’m just a senile old socialist, I never took a penny!!"
 
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