Trump DOJ opens mortgage fraud probe into Eric Swalwell as congressman vows to keep fighting back
In a significant development, the Department of Justice (DOJ) has launched an investigation into Representative Eric Swalwell, a Democrat from California, in connection with allegations of mortgage fraud. This probe comes as Swalwell has been a prominent critic of former President Donald Trump, and he has expressed that he is not surprised by the scrutiny he is facing, given his vocal opposition to Trump over the years. Swalwell, who has a pending lawsuit against Trump, stated, “The only thing I am surprised about is that it took him this long to come after me.” He further emphasized his commitment to continue speaking out against the former president and advocating for his constituents, invoking Mark Twain’s notion of patriotism as supporting the country while holding the government accountable.
The investigation centers on allegations that Swalwell may have made false or misleading statements on loan documents when declaring his primary residence as Washington, D.C., which enabled him to secure millions in loans and refinancing. The inquiry, reportedly initiated by Bill Pulte, the director of the Federal Housing Agency, also encompasses potential tax fraud and insurance fraud at various levels. This scrutiny comes on the heels of Swalwell’s recent controversies, including inconsistencies in his campaign’s Federal Election Commission (FEC) filings, which have raised eyebrows regarding substantial payments made to a staffer. These filings detail over 75 payments totaling more than $360,000 for various services, including travel and security, and have sparked questions about the nature of these disbursements.
Amid these legal challenges, Swalwell is reportedly considering a run for governor of California, with sources indicating that he could announce his candidacy as soon as next week. Despite the ongoing investigation and the scrutiny of his campaign finances, Swalwell remains steadfast in his political ambitions and commitment to his constituents. As this story unfolds, it raises questions not only about Swalwell’s future but also about the broader implications of political investigations and the interplay between public service and accountability. The situation is still developing, and updates will be forthcoming as more information becomes available.
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The Department of Justice under President
Donald Trump
has opened a probe into Rep. Eric Swalwell, D-Calif., over alleged mortgage fraud, Fox News has confirmed.
In response, Swalwell said he was not surprised to be targeted by Trump and vowed to keep speaking out while pursuing his lawsuit.
“As the most vocal critic of Donald Trump over the last decade and as the only person who still has a surviving lawsuit against him, the only thing I am surprised about is that it took him this long to come after me,” the California lawmaker said.
“Like
James Comey
and John Bolton, Adam Schiff and Lisa Cook, Letitia James and the dozens more to come – I refuse to live in fear in what was once the freest country in the world.
SWALWELL THREATENS ‘ACCOUNTABILITY’ TO PRIVATE ACTORS WHO DEAL WITH TRUMP, HOPE IT ‘DETERS PEOPLE’
“Of course, I will not end my lawsuit against him. And I will not stop
speaking out against the President
and speaking up for Californians,” he continued. “As Mark Twain said, ‘Patriotism is supporting your country all the time, and your government when it deserves it.’ Mr. President, do better. Be better.”
The probe, which was
first reported by NBC
, will investigate allegations of millions of dollars in loans and refinancing were based on Swalwell declaring that his primary residence was in Washington, D.C., a person familiar with the referral told the news organization.
According to the report, the director of the Federal Housing Agency, Bill Pulte, sent Attorney General Pam Bondi a letter on Wednesday accusing Swalwell of possibly making false or misleading statements on loan documents.
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The source also reportedly told NBC the investigation is into possible mortgage fraud, tax fraud at the state and local level, insurance fraud and any related crimes.
Fox News Digital has reached out to the Department of Justice for comment on the matter.
The news comes the same day that MSNBC reported that two sources confirmed Swalwell is looking at a run for governor in California.
The two sources reportedly told the news agency Swalwell has all but decided on the move, and one source even said the lawmaker could make an announcement as early as next week.
Fox News Digital has reached out to Swalwell’s office for confirmation on the matter.
MSNBC reported that Swalwell declined to comment on his gubernatorial ambitions.
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Swalwell has been one of Trump’s most outspoken critics, and last month he faced scrutiny over a ”
bizarre inconsistency
” in his campaign’s Federal Election Commission filings that list several different reasons for payments to a Haitian American staffer totaling more than $360,000.
FEC filings from Swalwell for Congress and his Remedy PAC, dating back to 2021, show more than 75 payments to staffer Darly Meyer, ranging from $53 to more than $12,000 for various reasons.
Meyer received 27 payments last year totaling more than $120,000 and is on pace to earn a similar amount in 2025. The filings list multiple explanations for the disbursements, including travel, car and security services, and salary, as well as reimbursements for personal travel expenses, event flowers, and postage.
Over the years, Swalwell’s campaign has reported numerous expenditures on luxury car services, expensive restaurants, and high-end hotels in international cities such as Dubai, Berlin, Paris and London.
Swalwell also claimed there was strong evidence of collusion between Russia and Trump, but those claims have since been contradicted.
Durham’s report, released in 2023, found intelligence agencies lacked “actual evidence of collusion” to justify launching the Trump-Russia probe. The findings echoed Robert Mueller’s 2019 report, which found no criminal conspiracy between Trump’s campaign and Russia.
This is a developing story and will be updated as more information becomes available.
Eric
Eric is a seasoned journalist covering US Politics news.
