Sen. Bernie Sanders’ wife is in hot water: an FBI investigation into a land deal she oversaw as president of a Vermont college.
The investigation.VT Digger reported:
A former Burlington College employee who coordinated the school’s cooperation with an FBI subpoena confirmed Friday that agents were looking into a land deal orchestrated by former college president Jane Sanders. VTDigger reported Thursday that, as recently as February, the FBI and U.S. Attorney were combing through Burlington College records that the state took possession of in the wake of the school’s closure pursuant to an investigation.
Both law enforcement agencies declined to comment on the substance of their investigation. However, two Burlington College board members speculated that the investigation pertained to the purchase of 33 acres of prime lakefront for property for a new campus during Sanders’ tenure. The former employee. Coralee Holm began her employment with Burlington College in 2012 and served as dean of Operations and Advancement up until the closure of the school last May.
“They were asking for documentation about the fundraising that had occurred before the college had moved to its new location,” Holms aid. She explained that she handed over emails from Sanders, but that there wasn’t much for her to contribute: “There was not a lot of documentation for me to provide on the topic.” Holm went on to note that an agent told her that they would be in contact with Sanders as well as Christine Plunkett, who was vice president for administration and finance during Sanders’ tenure as president. Not the first shady deal by Sanders. From VT Digger: VTDigger has previously reported that Sanders overstated pledged donations used to secure a loan from People’s United Bank. She told People’s United Bank in 2010 that the college had $2.6 million in pledged donations to support the purchase of the former Roman Catholic Diocese of Burlington property.
The college, however, received only $676,000 in actual donations from 2010 through 2014, according to figures provided by Burlington College. Two people whose pledges are listed as confirmed in the loan agreement told VTDigger that their personal financial records show their pledges were overstated. Neither was aware the pledges were used to secure the loan.