Thursday, 14 December, 2017

Sanders' Wife Under FBI Probe for Real Estate Deal

Sanders' Wife Under FBI Probe for Real Estate Deal Sanders' Wife Under FBI Probe for Real Estate Deal
Alfredo Watts | 29 June, 2017, 09:12

The scandal - first exposed back in 2015 by the website VTDigger.com - involves around a shady land deal allegedly "orchestrated" by Sanders' wife, Jane O'Meara Sanders, during her tenure as president of Burlington College.

Vermont lawyer Brady Toensing, a former state Republican vice chair who was once Trump's campaign chair in the state, has leveled accusations of bank fraud against the couple and alleged the senator may have pressured a Vermont bank to speed up the loan process. But he and his wife have quietly hired attorneys to represent them in this matter, and have refused to give detailed commentary to the press now that an inquiry is underway.

Mr Sanders told CNN presenter Erin Burnett on Tuesday: "When she came to that college, it was failing financially and academically".

SANDERS: Excuse me. My wife is about the most honest person I know.

According to the independent VTDigger, the Federal Bureau of Investigation is looking into allegations initially made by a top Vermont Republican that Sanders' office pressured a local bank into granting a $6.7 million loan for Burlington College to purchase a lakefront campus.

Toensing noted that the investigation began during President Barack Obama's administration under a Democratic attorney general and US attorney for Vermont.

Toensing told CNN on Sunday that he hopes for "a fair, full and impartial investigation". "When you go after your wife, people's wives, that is pretty pathetic and that's where we are right now and that's about all I'm going to say", Sanders said.

She reportedly brokered the deal, herself - and promised that the school had raised enough money to pay off the debt.

Brady Toensing, a state chairman for the Trump campaign, filed the complaint to the USA attorney for Vermont.

Former Burlington College President Carol Moore in an interview with Vermont Public Radio in May said the college closed past year, in part, because of the troubled $10-million loan, which the institution could not afford. As longtime Sanders' reporter Harry Jaffe concluded: "In hindsight, it's hard to avoid blaming Jane Sanders for the Burlington College fiasco".

Sanders said that he would not talk about it anymore and will "let it play out".

Bernie Sanders remains one of Vermont's most popular politicians. "That's about it. I don't think it'll be a distraction", Sanders said, according to The Washington Post.

Sanders also ripped into Kara Rowland of Fox News for asking him about the issue.