American Action News – Bernie Sanders’ wife is in deep trouble—and could be facing jail time, thanks to an FBI investigation into a college she once ran.
Jane O’Meara Sanders was the president of the now-defunct Burlington College in Vermont from 2004 to 2011. The college closed in May 2016.
Towards the end of her tenure, O’Meara Sanders spent $10 million to acquire 32 acres of property from the Roman Catholic Diocese of Burlington, in order to increase the college’s footprint. In order to secure the $10 million, she took a $3.65 million loan from the diocese, and a $6.7 million loan from People’s United Bank.
In order to secure the loan, O’Meara Sanders is accused of fraudulently presenting the college’s financial strength. She told the bank that the college had $2.6 million in pledged donations. However, the actual amount was a fraction of that sum.