Allegations of bank fraud against wife of Bernie Sanders heat up


The FBI’s investigation into the potential misdeeds of Jane Sanders, wife of failed presidential candidate Sen. Bernie Sanders (I-VT), is heating up.

Prosecutors are calling on state officials to testify before a grand jury after they removed several boxes of documents and records from Burlington College, a now defunct school that once employed Jane Sanders.

Jane Sanders was president of Burlington college from 2004 until she resigned in 2011.

In April of this year, rumors began circulating that a Department of Justice investigation had been initiated over allegations that Jane Sanders had been dishonest during negotiations to secure $10 million for the purchase of 32 acres from the Roman Catholic diocese.  In order to secure the loans, Sanders claimed to have raised funds that exceeded the actual amount the school received.

After Burlington defaulted on their loan, Catholic parishioners in Vermont alerted the U.S. attorney, alleging that Jane Sanders purposely misrepresented the amount of fundraising the college was set to receive.  According to lawyer Brady Toensing, who serves vice chairman of the Vermont Republican Party, Sanders could be investigated for federal bank fraud.

Bernie Sanders has said partisan politics is playing into the investigation.

The FBI has not announced any formal charges against Jane Sanders.

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