Bernie Sanders And Wife Lawyer-Up For FBI Bank Fraud Investigation

Jackie Newman
June 26, 2017

In May 2017, Brady Toensing, who chaired President Donald Trump's campaign in the state of Vermont, sent a letter to the Federal Bureau of Investigation which alleged that Sanders used her political capital to falsely acquire the loans.

While Jane Sanders didn't make any big splashes on the campaign trail, she's now garnering attention amidst allegations that she altered donor levels in a 2010 loan application for Burlington College. Meanwhile, Bernie Sanders is alleged to have used his office to pressure the bank into approving the loan, Politico reports.

The claims regarding the loan were filed to the USA attorney in Vermont by Brady Toensing, who led President Trump's 2016 presidential campaign in the state.

The investigation reportedly started during the Obama administration following an original complaint from lawyer Brady Toensing that went on to spark the probe.

Sen. Sanders previously called the allegations "nonsense", but last month during an interview with Kyle Midura of Burlington TV station WCAX he was pressed and his response was noticeably different.

"Well, as you know, it would be improp- this implication came from Donald Trump's campaign manager in Vermont", Sen.

On January 10, 2016, in the midst of Sanders' sudden stardom-just weeks before the votes in Iowa and New Hampshire-the USA attorney for Vermont was sent a "Request for an Investigation into Apparent Federal Bank Fraud". A copy of his request to the U.S. Attorney in Vermont claims that Sanders guaranteed $2.6 million to the bank, though she only collected just over $676,000 in contributions and donations. Sanders was seeking $10 million to purchase land to expand the college.

U.S. President Donald Trump acknowledges a guest prior to signing the "VA Accountability Act" in the East Room of the White House in Washington, June 23, 2017.

"My only hope is for a fair, impartial, and thorough investigation", Toensing added.

The numbers that donors say they pledged compared to what Sanders documented differ, according VTDigger.

According to Bernie Sanders top adviser Jeff Weaver, the claim that Bernie had a hand in using his influence to lobby for this loan for his wife is "baseless" and "false".

Other reports by AllAboutTopnews

Discuss This Article

FOLLOW OUR NEWSPAPER