California Democratic Senator Adam Schiff is under renewed scrutiny following the indictment of New York Attorney General Letitia James on charges of bank fraud and making false statements to a financial institution. James allegedly secured nearly $19,000 in improper savings on a second-home loan, according to a federal indictment issued in the Eastern District of Virginia—the same court that recently indicted former FBI Director James Comey.

U.S. Attorney Lindsey Halligan described the charges as “tremendous breaches of the public’s trust,” emphasizing that no one is above the law. James, however, responded by claiming the indictment is politically motivated, accusing former President Donald Trump of weaponizing the justice system in retaliation for her past legal actions against him.

James gained national attention for filing a civil lawsuit against Trump and the Trump Organization in 2022, accusing them of inflating asset values to defraud lenders and insurers. Her indictment has now intensified public and media focus on Senator Schiff, who is facing a separate federal investigation related to alleged mortgage fraud.

The U.S. Attorney’s Office in Maryland is currently investigating Schiff following a criminal referral from the Federal Housing Finance Agency (FHFA). The allegations involve Schiff falsifying property and loan documents to obtain better mortgage terms for a home in Potomac, Maryland, while simultaneously listing a California condominium as his primary residence during his Senate campaign.

According to an FHFA memo, Schiff may have engaged in a “sustained pattern” of occupancy misrepresentation spanning five Fannie Mae-backed loans between 2003 and 2019. If verified, these allegations could lead to criminal charges, potentially jeopardizing his Senate campaign and raising further concerns about accountability among high-ranking public officials.