This story was originally published by the WND News Center.
Lisa Cook, a Federal Reserve board governor ordered fired by President Donald Trump, has been put under formal investigation by the Department of Justice over allegations she committed fraud on mortgage papers.
She's one among several prominent Democrats facing the same or similar counts: For claiming that multiple homes all are "primary" residences, which qualify for better mortgage interest rates.
The others so far identified to have allegedly committed such offenses are New York Attorney General Letitia James, whose "fraud" case against Trump's companies has mostly died, and anti-Trump Russiagate hoaxer Adam Schiff, now a senator from California.
According to the Daily Mail, Attorney General Pam Bondi's Justice Department issued subpoenas on Thursday regarding information about Cook and her mortgage paperwork.
It's not the only legal fight she's in, as instead of departing her position when Trump fired her for "cause," she sued to keep her job.
The focus is on Cook's properties in Michigan and Georgia.
Last month, Bill Pulte, the Federal Housing Finance director, alleged Cook engaged in mortgage fraud, sending a referral to the DOJ.
Among the complications is that Trump has for months been trying to have the Federal Reserve lower interest rates for American consumers, but has been handed only resistance from chairman Jerome Powell and others on the board.
The irony is that Cook is accused of cheating to lower her own interest rates while voting to keep interest rates for consumers high.
Trump already has replaced one board member, and if Cook is removed, he would be able to gain influence through another appointee.
"Once we have a majority, housing is going to swing, and it's going to be great," Trump has explained. "People are paying too high an interest rate. That's the only problem with us. We have to get the rates down a little bit."
In fact, interest rates exploded to more than 9% under Joe Biden. Mortgage rates have since receded, but still remain, in Trump's opinion, far too high.
A report at the Gateway Pundit noted, "Lisa Cook allegedly committed occupancy fraud (and perhaps tax fraud) on all three of her properties. According to Federal Housing Director Bill Pulte's first criminal referral to the DOJ, Lisa Cook committed mortgage fraud by lying on her mortgage application and falsifying bank statements when she designated her out-of-state Atlanta condo as her 'primary residence' — just two weeks after taking a loan on her Ann Arbor, Michigan home, which she also claimed as her 'primary residence.'"
A followup referral from Pulte concerns Cook's third home, in Cambridge, Massachusetts.
