U.S. Sen. Bernie Sanders, I-Vt., and
wife Jane Sanders walk in Philadelphia during the final day of the
Democratic National Convention, July 28, 2016. Sanders remains under
federal investigation for a land deal she made as president of
Burlington College in Vermont in 2010.
(Associated Press)
A federal investigation launched in
2016 into possible bank fraud by Jane Sanders, wife of U.S. Sen. Bernie
Sanders, is still underway -- with “a potential” grand jury review
possible.
The probe could thwart Sanders’ 2020
presidential ambitions -- as well as the Vermont political plans of Jane
Sanders' daughter, Carina Driscoll.
Individuals questioned by the FBI confirmed to Fox News
that the investigation was still open, with FBI agents interviewing at
least one witness within the last six weeks.
Jane Sanders is under investigation following a land
deal she clinched when she was president of Burlington College in
Vermont in 2010.
In order to expand the college, Sanders sought to
obtain a tract of land from a Roman Catholic parish. She secured a $6.7
million loan from a bank and a $3.6 million loan from the parish from
which she planned to purchase the property.
But she resigned in 2011 amid allegations that she
purposely inflated and made up the amount of money donors have pledged
to the school and provided incorrect information to a bank to get the
loan. Multiple individuals, who were listed as college donors, have
since come forward denying the commitments.
Questioned recently
Former Burlington College Board Chairman Yves Bradley
told Fox News that the investigation was still underway. He said he was
visited by FBI agents in the last six weeks and was questioned about
Sanders’ involvement in the alleged bank fraud.
Attorney Rich Cassidy, representing both Bernie and
Jane Sanders, approached Bradley regarding the investigation, but by the
advice of his counsel decided not to engage. Cassidy did not respond to
Fox News’ multiple requests for an interview.
Previous reports
stated that the investigation accelerated this past summer when
multiple people were questioned and investigators seized records from
Burlington College.
The recent questioning of Bradley signals the investigation is far from over.
The probe is being handled by the U.S. Justice
Department and will proceed at the discretion of Christina E. Nolan, the
U.S. Attorney of Vermont, who was sworn into office last week after
being appointed by President Donald Trump in September and confirmed by
the Senate last month.
Coralee Holm, the former Burlington College dean of
operations, confirmed as well that the probe “has not been closed” and
that it has “no specific deadline” for completion. She was among the
individuals questioned in the summer.
“I have not talked with anyone since then, other than checking with the FBI agents,” she said over the phone.
To the question whether the investigation could lead to
an indictment, she said the FBI agents told her it was “a potential” –
although not “an absolute” – that the case will be brought in front of a
grand jury.
“If there is going to be something that happened it
would be the grand jury … it would be brought in front of the grand jury
… they already told me to be … that was a potential but they did tell
me that wasn’t an absolute,” Holm said.
Change of plans?
The ongoing probe and the potential for a grand jury
review might be enough to impede Bernie Sanders' and Driscoll's
political plans.
Politico
reported last month that Sanders was angling toward a more mainstream
candidacy heading into the 2020 presidential election and reaching out
to key Democrats to solidify his support among the party machine.
Driscoll, the stepdaughter of the senator, announced
Monday her plans to run for her stepfather’s first political job: mayor
of Burlington, Vt.
A spokesperson for Bernie Sanders did not respond to Fox News’ request for a comment. Driscoll declined to comment.