{"id":72328,"date":"2017-05-08T17:41:13","date_gmt":"2017-05-08T21:41:13","guid":{"rendered":"https:\/\/stateofthenation2012.com\/?p=72328"},"modified":"2017-05-08T17:42:25","modified_gmt":"2017-05-08T21:42:25","slug":"fbi-investigating-jane-sanders-for-alleged-bank-fraud-report","status":"publish","type":"post","link":"https:\/\/stateofthenation2012.com\/?p=72328","title":{"rendered":"FBI investigating Jane Sanders for alleged bank fraud: report"},"content":{"rendered":"<p><!--more--><\/p>\n<div class=\"content-img-wrp\">\n<div class=\"content-img\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/thehill.com\/sites\/default\/files\/styles\/thumb_small_article\/public\/blogs\/sanders_bernie_jane_539071416.jpg?itok=mlerF_T4\" alt=\"FBI investigating Jane Sanders for alleged bank fraud: report\" width=\"640\" height=\"360\" \/><\/div>\n<h5 class=\"credits\">\u00a9 Getty Images<\/h5>\n<\/div>\n<div class=\"content-with-sidebar-wrp\">\n<div class=\"content-wrp\">\n<div class=\"field field-name-body field-type-text-with-summary field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\">\n<p>BY OLIVIA BEAVERS<br \/>\nThe Hill<\/p>\n<p>Federal investigators are looking into allegations that Sen. <span class=\"rollover-people\" data-behavior=\"rolloverpeople\"><a class=\"rollover-people-link\" href=\"http:\/\/thehill.com\/people\/bernie-sanders\" data-nid=\"188217\">Bernie Sanders<\/a><\/span>\u2019 (I-Vt.) wife, Jane Sanders, falsified loan documents while she served as the president of Burlington College, according to <a href=\"http:\/\/dailycaller.com\/2017\/05\/05\/the-fbi-is-conducting-interviews-over-alleged-bank-fraud-by-bernie-sanders-wife\/\">a Friday Daily Caller News Foundation report<\/a>.<\/p>\n<p class=\"p1\">The small Vermont liberal-arts school\u00a0closed down in May 2016, after going bankrupt and failing to meet accreditation standards.<\/p>\n<p class=\"p1\">The college began to face financial difficulties during Sanders\u2019s tenure from 2004 to 2011, falling $10 million into debt when the school purchased a new campus in 2010.<\/p>\n<p class=\"p1\">Jane Sanders has been accused of falsifying the information on the loan documents in order to expand the college grounds.<\/p>\n<p class=\"p1\">The Daily Caller reported that some of the donors Sanders appealed to for help with loans are now in contact with the FBI and Federal Deposit Insurance Corporation \u00a0(FDIC).<\/p>\n<p class=\"p1\">Sanders left her leadership role in 2011 \u00a0for undisclosed reasons.<\/p>\n<p class=\"p1\">She claimed the college could count on $2.6 million in donations to pay for the purchased land, according to a 2010 loan application. But she ultimately raised only a fourth of that, making $676,00 in donations over the next four years, putting the college into bankruptcy in May 2016, according to the Daily Caller News Foundation.<\/p>\n<p class=\"p1\">Discrepancies over numbers that donors say they pledged compared to what Sanders documented differ, according to the report.<\/p>\n<p class=\"p1\">The report cites an example where Corinne Bove Maietta pledged to give $1 million over half a decade, according to the 2010 loan application. Maietta, however, says she did not make that pledge, saying she offered a bequest of an unspecified amount to be paid to the college when she died, the report said.<\/p>\n<p class=\"p1\">Richard Moss, Maietta&#8217;s accountant, told the Daily Caller that the FBI has reached out to him and requested an interview with Maietta.<\/p>\n<p class=\"p1\">&#8220;It was sometime back in March or April, during tax season,&#8221; Moss told the paper. &#8220;It was in regards to Corine Maietta&#8217;s current address and where they could contact her for questions related to Burlington College.&#8221;<\/p>\n<p class=\"p1\">Sen. Bernie Sanders did not respond to the Daily Caller&#8217;s request for comment.<\/p>\n<p class=\"p1\">Jeff Weaver, his spokesman, told the news site in a statement last week that the FBI has not contacted Jane Sanders yet.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>___<br \/>\n<a href=\"http:\/\/thehill.com\/homenews\/senate\/332313-fbi-investigating-jane-sanders-for-alleged-bank-fraud-report\">http:\/\/thehill.com\/homenews\/senate\/332313-fbi-investigating-jane-sanders-for-alleged-bank-fraud-report<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-72328","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/posts\/72328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=72328"}],"version-history":[{"count":0,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/posts\/72328\/revisions"}],"wp:attachment":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=72328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=72328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=72328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}