Claiming residency in another state to obtain loans

Is lying ? on loan documents fraud?

Original Article

Posted By: Imright, 11/14/2023 9:00:14 AM

A California Republican House hopeful told RedState she uncovered a scheme by Rep. Adam Schiff (D.-Calif.), who is running for the California Senate seat vacated by the passing of Democratic Sen. Dianne Feinstein, where the congressman reported his Maryland home as his primary residence to secure a lower mortgage interest rate—meaning he either lied on a federally-insured loan document or from 2003 to 2021, he was not a resident of his Burbank district.
 

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