An FBI probe into a 2010 property deal orchestrated by Jane Sanders, wife of Sen. Bernie Sanders (I-VT), has escalated after a report by VTDIGGER reveals that a grand jury has been empaneled, and at least one witness has given sworn testimony in the case.
According to VTDigger, “Former Burlington College board member Robin Lloyd says she testified for about an hour on Oct. 26 before a grand jury at the federal courthouse in Burlington.”
Paul Van de Graaf, chief of the criminal division for the U.S. attorneys office in Vermont, questioned Lloyd about her role as the development chair of the colleges board of trustees during a period when Sanders was collecting donations and pledges for the purchase of a $10 million city lakefront property. -VTDigger
The Grand Jury will decide whether or not indictments should be handed down over a $10 million loan orchestrated by Jane Sanders purchase a 33 acre property for the now defunct Burlington College – allegedly obtained through a ‘fraudulent scheme.’ Mrs. Sanders is accused of having lied about funding for transaction, while the FBI has also been looking into claims that Bernie Sanders’ office pressured the bank to approve the loan.
In June 2017, Politico confirmed that Bernie Sanders and his wife Jane had retained high powered DC lawyers amidst the investigation.
The original request for an investigation into Federal bank fraud was sent in a January 2016 letter to the Vermont District Attorney as well as the FDIC by Brady Toensing – an attorney and chair of Donald Trump’s Vermont campaign. The letter detailed the mechanics of the alleged fraud, which is what reportedly launched official investigations. Toensing told Politico on in June; “The investigation was started more than a year ago under President Obama, his Attorney General Loretta Lynch, and his United States Attorney, all of whom are Democrats.”
A brief history of Jane Sanders and Burlington College
In 2004, Jane Sanders left her position as her husband’s congressional chief of staff to become president of the unaccredited and struggling Burlington College – founded in 1972 and operated out of a former grocery store. When Sanders took over as a “turnaround” president, she set out to rapidly grow the college – announcing a $6 million plan to expand the campus in 2006 which never came to fruition.
Meanwhile, Sanders was rapidly earning a reputation for her “toxic and disruptive” leadership style, and in late 2008, according to a 2016 essay on the college written by a former teacher Greg Guma, “Nearly half of the students and faculty members signed a petition demanding a meeting about the “Crisis in leadership,” while Jane Sanders’ salary rose to $150,000 in 2009 amidst a tuition hike from $5,000 to $22,407 in 2011. Meanwhile, enrollment dropped by almost 25%.
In 2008, literature professor Genese Grill wrote to the school’s academic affairs committee, describing Sanders’ “harassment and unethical treatment of other faculty and staff members, many of whom have since left the college disgruntled and angry.”
And in 2010, Jane Sanders announced a plan to move the tiny underfunded Burlington college onto a 33 acre parcel of valuable lakefront real estate in Northern Burlington. “It was the last piece of undeveloped, prime property on the lake shore,” according to Guma.
The property was owned by the Roman Catholic Diocese, which was strapped for cash after recently settling over two dozen sexual abuse lawsuits for $17.76 million. The 33 acre property hit the market for $12.5 million, and the church agreed to take Jane Sanders’ offer of $10 million.
Scheming for loans
When Jane Sanders made the offer to the Roman Catholic Diocese, Burlington College was nearly broke – with an annual budget just below $4 million. In order to finance the property, Sanders secured a $6.5 million loan from People’s United Bank in the form of a tax exempt bond purchase, and the Catholic Church agreed to carry a $3.65 million second mortgage on the property. Sanders told both institutions that Burlington college had $5 million in likely donor pledges and $2.4 million in confirmed pledges to be used to pay off the debt.
Unfortunately, that was just for the land. Sanders apparently didn’t plan for the $6 million or so required to actually build out the campus on the property to include green space, athletic fields, lecture halls, and walkways.
Compounding an already dire situation, Sanders’ original claim of $2.4 million in confirmed donor pledges was quickly reduced to $1.2 million according to documents filed in the first fiscal year after the purchase – yet in records obtained by VTDigger, Burlington College received only $279,000. Despite hopes by Sanders and college trustees that they could boost enrollment and expand the student body, nothing changed – and the school failed at raising the money to satisfy it’s loans.
And then Jane Sanders was fired, with a $200,000 severance package.
In order to try and avoid bankruptcy, Burlington college sold off pieces of the 33 acre property to a local developer – which allowed the institution to pay off some of the debt Jane Sanders had accumulated, however in April 2016 the bank called it’s loan – and on May 28th, the college closed it’s doors after 44 years in operation.
As part of its bankruptcy, the Roman Catholic Diocese of Burlington lost at least $1.5 million and perhaps as much as $2 million on the $3.65 million loan.
Enter the FBI
Politico revealed in their June report that [F]ederal investigators and FBI agents started to pull apart the $10 million financial arrangement. They showed up at Burlington College to sift through hard drives, audit reports and spreadsheets. They began to interview donors, board members and past president Carol Moore. I was contacted and spoke with an FBI agent numerous times last spring, again last summer, Moore told Vermont Public Radio in May 2017, and recently, maybe a month ago.
With a Grand Jury now empaneled and interviewing witnesses in the Burlington College saga, one can imagine the outcome of their investigation will largely determine whether Bernie Sanders is a viable candidate in 2020, should he wish to challenge Oprah Winfrey of course.
Trump judges…….The Purge!
I’d rather be judged by 12 than carried by six.
That great lyric from Ice Cube has more bite and meaning in the run up to the 2020 election. Now we have the investigation of the investigators. The Mueller investigation and everything it has encompassed is now being scrutinized. We are finally looking at indictments and guilty pleas from the corrupt cabal that tried to bring down, frame, jail and impeach a duly elected, INNOCENT president and anyone in his sphere. Getting to the point of investigating the investigators has been a long hard slog.
We did not foresee how really deep and treacherous the swamp really was. You could investigate, indict and try someone like a Hillary Clinton for example, and someone of authority in that chain is a corrupt actor from the Deep State and you will then see the guilty party skate free. Or you can have a completely innocent Mike Flynn, Roger Stone, George Papodopoulos railroaded by a corrupt judge. The Michael Flynn case is the most glaring. The DOJ has dropped the case and charges against him and in an unprecedented move the judge does not drop the case, he extends it as if he is the prosecutor.
So there is a light at the end of the tunnel my friends. Donald Trump has been appointing a record number of federal judges. This is a brilliant move and somewhat frustrating and time consuming. But there is a method to the madness. Why investigate, indict and try just for a Deep State judge to let the guilty party walk free? Donald Trump has appointed over 300 judges and counting. More will be appointed to the bench and now there is a more likely chance when the guilty parties are tried, there will be justice. So there is a silver lining in this swamp covered cloud.
By Michael Ameer
The reckoning of the fake news media.
Karma, the sweet smell of poetic justice, the bully gets punched in the nose in the end! Fake news finally gets counted out and David to the Goliath is a teenager named Nicholas Sandmann the MAGA hat wearing unassuming media slayer.
Nicholas Sandmann and his legal team has announced a settlement with The Washington Post on their $250 Million dollar suit. This comes also on the heels of the multi-million dollar suit against CNN. They have stated 2 down and six to go. Here is their list:
NBC, CBS, ABC, NYT, Gannett, Rolling Stones.
Many have tried to get the media companies to report fairly but even Billionaire hardball players like Donald Trump are impotent against the media smear machines. Politicians, celebrities and any adults in the public realm have diminished rights when it comes to defending their reputation against lies and attacks from media behemoths. This is a sad state of affairs and what’s lead to the monumental rise of fake propaganda news.
In steps Nicholas Sandmann who was wrongly accused by many media outlets when the story broke of belligerent teens harassing a Native American man beating a drum in a rally. There were duel rallies in the area. Since the teen was wearing a MAGA hat the news media or better yet fake news media went into overdrive bashing the kids. When the whole video was viewed any honest person could see the kids did nothing wrong in the whole confrontation. But this blatant truth means nothing to fake news. They hate Trump so lies are okay as long as it hurts their intended target. Nicholas Sandmann is a normal American well behaved teen. With him being a teen or minor the laws give him protections not afforded a public figure. So he could aggressively defend himself with a good legal team. Now truth and justice has a chance to rule and not the mob rule of the left. If this could happen more often we would have a more honest press. But we know they have financial donors and backers that pay them to spread these lies so we will have to see what is coming down the pike in hopes there will be more honesty in reporting. But don’t hold your breathe.
By Michael Ameer
Should the media and politicians be held responsible for fraudulent hydroxychloroquine reports?
Saying a drug that clearly works, doesn’t work is Trump Derangement Syndrome beyond comprehension.
The Lancet Study on Hydroxychloroquine was fraught with errors and incomplete data. It was thrown together to let the world know that hydroxychloroquine doesn’t work. Well that study was retracted. A Henry Ford Health System study found the drug helped patients with COVID-19. Just as the president was saying. Trump mentioned HCQ and the collective mainstream media went into overdrive to prove him wrong. And once again Trump accused of lie of the century turns out to be right. He was clearly right in the beginning. The media said the drug could cause harm if not used correctly. That could also be said about aspirin or any drug.
Taking this derangement one step further was governors making it hard to get HCQ and banning it in some places from use. Now we know in hindsight the drug works and these politicians and media companies as CNN are libel for deaths of Coronavirus patients that died when a life saving drug was readily available in stockpile. Also the governors sending the elderly with COVID-19 into nursing homes with the most vulnerable also caused many unnecessary deaths. Weren’t we told we had to save our grandparents? If we loved them don’t visit them to be safe? So why would governors send COVID-19 patients to nursing homes when they (New York) mainly was provided thousands of empty hospital beds on the navy ship and the convention center?
I have been following these people long enough to know these things are not an accident. Germany and Israel sent the United States millions of tablets of HCQ. They were at the ready and cheap. It’s been used for malaria since the 1960’s so the side effects have been tested, it is safe. Boris Johnson, British Prime Minister was saved with HCQ. Thousands around the world have been saved with this drug. So we must ask the question when will the media and politicians be dragged into a court of law for their negligent reckless reporting?
By Michael Ameer