Allegations Jane Sanders falsified loan documents to expand the campus of Burlington College, which collapsed into bankruptcy in May 2016, swirled more than a year prior. The Daily Caller News Foundation first broke the news of the allegations against Mrs. Sanders in March 2015. The Department of Justice and the FBI will not confirm the existence of an investigation, but recent interviews conducted by officials from the FBI and the Federal Deposit Insurance Corporation (FDIC), independently confirmed to TheDCNF, suggest an investigation is ongoing.
Sanders wrote on a 2010 loan application that 83-year-old Corinne Bove Maietta, the daughter of the founders of Bove Restaurants in Burlington, pledged $1 million to Burlington College over five years. Maietta, who has a property in West Palm Beach, says it was not a pledge but an unspecified bequest to be paid to the school upon her death. Maietta’s accountant confirmed to The Daily Caller News Foundation the FBI contacted him seeking an interview with Maietta.
Originally published by the Daily Caller.