by Debra Heine, American Greatness:
President Donald Trump on Tuesday accused Sen. Adam Schiff (D-Calif) of engaging in a pattern of mortgage fraud, calling him a “scam artist” who “needs to be brought to justice.”
The president took to Truth Social Monday morning to share the conclusion of fraud allegedly reached by Fannie Mae’s financial crimes division.
“I have always suspected Shifty Adam Schiff was a scam artist. And now I learn that Fannie Mae’s Financial Crimes Division have concluded that Adam Schiff has engaged in a sustained pattern of possible Mortgage Fraud,” Trump stated.
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“Adam Schiff said that his primary residence was in MARYLAND to get a cheaper mortgage and rip off America, when he must LIVE in CALIFORNIA because he was a Congressman from CALIFORNIA,” the president continued.
By listing his Maryland home as his primary residence, according to the accusation, Schiff may have been trying to take advantage of more favorable loan terms, such as lower interest rates.
“I always knew Adam Schiff was a Crook,” Trump posted on Truth Social. “The FRAUD began with the refinance of his Maryland property on February 6, 2009, and continued through multiple transactions until the Maryland property was correctly designated as a second home on October 13, 2020.”
The president concluded: “Mortgage Fraud is very serious, and CROOKED Adam Schiff (now a Senator) needs to be brought to justice.”
Trump’s accusations follow a “bombshell ethics complaint” against Schiff detailed in a May 2025 USA Herald report.
The complaint was filed by Christine Bish and Darren Ellis in October 2024, accusing him of a “pattern of mortgage fraud, voter fraud, and unlawful campaign filings stretching back over two decades.”
According to the complaint, “In 2009, Adam Schiff’s residence and voting registration was called to question in a House Ethics Committee hearing. Adam Schiff, despite claiming to live and represent the people in the state of California, filed and reaffirmed through refinancing documents, his primary residence at [—- —— —- ——-], Potomac Maryland, 28054.”
The complaint further alleges, “Adam Schiff is on the record having acknowledged the mortgage document filings [of Maryland as his primary residence] during a House Ethics hearing in 2009… He made the claim of ‘mistake,’ thereby acknowledging the appearance of possible mortgage fraud.”
The allegations against Schiff mirror those leveled against New York Attorney General Letitia James earlier this year involving her properties in Norfolk, Virginia and Brooklyn, New York. The U.S. Department of Justice (DOJ) launched a formal criminal investigation into James in May which could potentially lead to charges of wire fraud, mail fraud, bank fraud, and making false statements to financial institutions.
