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Tag: jane sanders

Bernie And Jane Sanders Hire Lawyers Amid FBI Probe of Alleged Bank Fraud

Jane and Bernie Sanders, via Twitter

Jane and Bernie Sanders, via Twitter

By Steve Neavling
ticklethewire.com

Sen. Bernie Sanders and his wife Jane Sanders have hired high-profile defense lawyers in light of a federal investigation into allegations of bank fraud.

The FBI investigation involves a multimillion-dollar loan that Jane Sanders secured while president of the now-defunct Burlington College.

CBS reports the FBI is investigating allegations that Jane Sanders falsified school donor levels in 2010 in an attempt to buy 33 acres of land for the school, which closed in 2016. 

Bernie Sanders has hired Burlington attorney Rich Cassidy, while his wife has retained Larry Robbins, a Washington-based defense attorney.

Sanders has declined to discuss details of the investigation, but said in May that the investigation was politically motivated and would show his wife did nothing wrong.

Sen. Bernie Sanders’ Wife Under FBI Investigation over Loan Documents

Burlington College

Burlington College

By Steve Neavling
ticklethewire.com

The FBI is investigating Sen. Bernie Sanders’ wife, Jane Sanders, on accusations that she falsified loan documents while serving as president of the now-shuttered Burlington College.

During Sanders’ tenure from 2004 to 2011, the college was $10 million in the red when school officials decided to purchase a new campus in 2010.

To buy the property, Sanders is accused of falsifying information on the loan documents.

For reasons she never disclosed, Sanders stepped down as president in 2011.

Federal authorities said Sanders claimed the college had $2.6 million in donations for the new campus, when she ultimately only had a fourth of that.

The lack of money to pay back the loan contributed to the university’s bankruptcy in May 2016.