Special Prosecutor Appointed to Investigate Alleged Mortgage Fraud Tied to Sen. Adam Schiff and NY AG Letitia James
In a development that could have major political repercussions, reports indicate that Attorney General Pam Bondi has authorized the appointment of a special prosecutor to investigate allegations of mortgage fraud involving Sen. Adam Schiff (D-Calif.) and New York Attorney General Letitia James.
According to sources familiar with the matter, the investigation will focus on claims that Schiff and James were connected to questionable mortgage transactions that may have involved falsified documentation, misrepresented property values, or improper financial disclosures. Details about the alleged scheme have not yet been made public, but investigators are said to be examining financial records, property filings, and correspondence that could shed light on the matter.
The appointment of a special prosecutor signals that the case is being treated with a high level of seriousness and independence from political influence. Bondi’s move comes amid heightened scrutiny of both Schiff and James, who have been high-profile political figures in recent years. Schiff, a leading Democrat in Congress, is well known for his role in the impeachment proceedings against former President Donald Trump. James has drawn national attention for her high-profile lawsuits against Trump and other major political and corporate figures.
Critics of both officials say the investigation is long overdue and raises serious questions about potential abuse of power and double standards in the justice system. Supporters, however, have dismissed the allegations as politically motivated attacks aimed at discrediting two vocal opponents of Trump.
The special prosecutor’s probe is still in its early stages, and no formal charges have been filed against either Schiff or James. However, the investigation is expected to be closely watched given the stature of the figures involved and the political implications that could follow.
As the inquiry moves forward, the coming months may reveal whether the allegations amount to a politically charged smear campaign — or a legitimate case of financial misconduct at the highest levels of political power.