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.