Bernie and Jane Sanders are both under FBI investigation for bank fraud as most know. Some might not know that there was an audit.
The audit shows Jane Sanders funneled hundreds of thousands of dollars from Burlington College to family and friends despite the school’s limited resources. Bernie, for his part, is accused of pressing the bank to give the loans to the college.
The poorly-backed loans ended up bringing the little hippie school down.
If they didn’t do anything illegal, the Sanders do seem ethically and financially challenged. The duo serve as good examples of how Socialists handle finances.
We dodged a bullet this past election.
The complaint which led to the FBI probe came in January 2016. It was filed by Donald Trump’s Vermont campaign chair, lawyer Brady Toensing, alleging that Mrs. Sanders lied on a 2010 loan application from People’s United Bank for $10 million to expand Burlington College’s campus. She was the school’s president at the time.
Toensing is from Burlington. To claims it’s a political witch hunt, Toensing says, “It was started under President Obama, his Attorney General, and his U.S. Attorney, all of whom are Democrats,” Toensing said.
“My only hope is for a fair, impartial, and thorough investigation,” he added[…]