Bernie Sanders And His Wife Are Under FBI Investigation For Bank Fraud
POSTED BY: Riverlove
UPDATED: Saturday, June 24, 2017 21:38
VIEWED: 2000
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Quote:
On January 10, 2016, the U.S. attorney for Vermont received a “Request for an Investigation into Apparent Federal Bank Fraud.” The four-page letter said that when she was president of Burlington College, Jane Sanders had “orchestrated” the purchase of 33 acres along Lake Champlain in Burlington to expand the school, where her husband had served as mayor. The letter alleged that Jane Sanders had lied and inflated nearly $2 million she said donors had pledged to repay in order for her to secure a $10 million loan. The letter stated that she “successfully and intentionally engaged in a fraudulent scheme to actively conceal and misrepresent material facts from a federal financial institution,” asking for a federal investigation into potential bank fraud.
http://www.dailywire.com/news/17888/whoa-bernie-sanders-and-his-wife-a
re-under-fbi-hank-berrien#
Imagine that, the hippie-dippy socialist couple pocketing millions of dollars from a fraudulent land deal! Must have learned that little trick from the Clintons.
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FBI is pretty damn slow to react to a bad deal in 2011. A College with only 156 students does not need a 33 acre campus and a multi-million dollar remodeling of a bunch of old buildings once owned by the Catholic Church.
The truth is Ms Bernie got fired in 2011 over this 33 acre land deal and she did not make millions, only hundreds of thousands. She paid too much for the land. Two thirds of the price was paid in bonds by the College. One third of the purchase price was paid with a bank loan that the College defaulted on in 2014. Who could have predicted that default? Anybody who lived in Burlington and wasn't a fool.
https://assets.documentcloud.org/documents/2680892/LTR-to-USATTY-and-F
DIC-IG-Re-Apparent-Fraud-Sen.pdf
At the end of fiscal year 2011 (six months after closing on the loan), Ms. Sanders had collected only $279,000 in donations, which was less than 25 percent of the $1.2 million Ms. Sanders guaranteed to the bank that she would have collected in that year. Soon thereafter, in September 2011, less than a year after orchestrating the property purchase, Ms. Sanders was forced out by the college’s Board of Trustees, reportedly for fundraising deficiencies. She was, however, somehow able to extract a severance package from the college of more than $200,000. This golden parachute was recorded in the college’s audit reports as well as on her husband’s Senate Financial Disclosure Reports, demonstrating that he was a direct beneficiary of improper payments from the financially distressed college. Exhibit D (Burlington College 2012 audit report excerpt); Exhibit E (Senator Bernard Sanders’s 2011 to 2013 Senate Financial Disclosure Reports showing golden parachute payout). Additionally, during her tenure, the audit reports show Ms. Sanders steered hundreds of thousands of dollars of the nonprofit college’s limited resources to her family and friends.
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Oh... only hundreds of thousands... in that case, let's just let it slide.
These people never cease to amaze me.
Mr. Bernie and his socialist platform, yet I could live very comfortably off of the ill gotten gains of this single transaction without ever having to work another day of my life if I lived to be 100 years old.
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Quote:You never asked why the Church was selling its real estate to Ms Bernie's College. To pay damages caused by rapist priests. Holy Ghost, what a mess Ms Bernie stepped into! If she was smarter and meaner, Ms Bernie would have used the Church's desperate need for cash to negotiate a much lower purchase price on the land, then the loan would not have gone into default. She won't have got fired and there won't be an FBI investigation 6 years later.
Originally posted by 6stringJoker:
Oh... only hundreds of thousands... in that case, let's just let it slide.
These people never cease to amaze me.
Mr. Bernie and his socialist platform, yet I could live very comfortably off of the ill gotten gains of this single transaction without ever having to work another day of my life if I lived to be 100 years old.
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
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So, in other words, much ado about nothing. Got it.
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Quote:
Originally posted by reaverfan:
So, in other words, much ado about nothing. Got it.
FBI investigations... meh.
Fathom the hypocrisy of a government that requires every citizen to prove they are insured... but not everyone must prove they are a citizen
I'm just a red pill guy in a room full of blue pill addicts.
" AU, that was great, LOL!! " - Chrisisall
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