Bernie and Jane Sanders, under FBI investigation for bank fraud, hire lawyers

Bernie Sanders’s economics are terrible. Just awful. No one as old as he is, who has seen what he has, should hold fast to “socialism” the way that he does. On the other hand I don’t dislike him personally and am impressed by his challenge to the Clinton machine.

I’m sorry to see this story. We’ll see how it washes out. 

(From CBS)

Sen. Bernie Sanders (I-VT) and his wife, Jane Sanders have hired prominent defense attorneys, amid an FBI investigation into a loan Jane Sanders obtained to expand Burlington College while she was its president, CBS News confirms.

Politico Magazine first reported the Sanders had hired lawyers to defend them in the probe. Sanders top adviser Jeff Weaver told CBS News the couple has sought legal protection over federal agents’ allegations from a January 2016 complaint accusing then-President of Burlington College, Ms. Sanders, of distorting donor levels in a 2010 loan application for $10 million from People’s United Bank to purchase 33 acres of land for the institution.

According to Politico, prosecutors might also be looking into allegations that Sen. Sanders’ office inappropriately urged the bank to approve the loan.

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