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FBI investigating Jane Sanders for alleged bank fraud
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| Parent(s) |
Candidate
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| Contributor | RP |
| Last Edited | RP May 09, 2017 10:48am |
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| Category | Investigation |
| Author | Olivia Beavers |
| News Date | Sunday, May 7, 2017 11:50:00 PM UTC0:0 |
| Description | Federal investigators are looking into allegations that Sen. Bernie Sanders's (I-Vt.) wife, Jane Sanders, falsified loan documents while she served as the president of Burlington College, according to multiple reports.
The small Vermont liberal arts school closed down in May 2016, after going bankrupt and failing to meet accreditation standards.
The college began to face financial difficulties during Sanders's tenure from 2004 to 2011, falling $10 million into debt when the school purchased a new campus in 2010.
Sanders has been accused of falsifying the information on the loan documents in order to expand the college grounds. |
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