Trump Calls for Schiff To Be Jailed Over Mortgage Fraud: ‘Big Trouble’

June 13, 2026 by bilal

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Schiff has been referred to the Justice Department for prosecution over allegations that he falsely claimed “primary” residence status in two different states to gain financial benefits.

Schiff is accused of submitting falsified bank and property documents, designating a home he owns with his wife in Potomac, Maryland, as their primary residence—an action that lowered their mortgage payments from 2013 to 2019.

However, as a U.S. Senator from California—and previously a Representative for a California district—his legal primary residence must be in that state.

Despite this, Schiff also claimed a property in Burbank, Calif., as his primary residence during the same period, securing a tax exemption that saved him approximately $7,000.

Borrowers can secure lower mortgage rates by designating a property as their primary residence rather than a secondary home or investment property, as lenders view primary residences as less risky, the Times explained.

Mortgage fraud cases are commonly prosecuted by the Justice Department but seldom make it to trial, according to Keith Gross, a Florida defense attorney who specializes in criminal cases, the Times reported.

He noted that such cases are typically resolved through plea deals, as they often rely on clear-cut financial records that leave little room for dispute.

If charges are brought against Schiff, the case will likely center on whether he personally signed the documents and whether he actually lived full-time in the Maryland home.