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Justice Department opens an investigation against Democrat Eric Swalwell for alleged mortgage irregularities

Swalwell claims the investigation is politically motivated and says he will not change his public stance.

Rep. Eric Swalwell

Rep. Eric SwalwellKevin Dietsch / POOL / AFP

Sabrina Martin
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The Department of Justice, during President Donald Trump's administration, opened a formal investigation against Democratic Representative Eric Swalwell. The investigation focuses on alleged irregularities related to loans and refinancing in the millions of dollars that were allegedly obtained using an address in Washington, DC, as a primary residence.

A complaint alleging possible misrepresentations

According to the disclosed information, Federal Housing Agency Director Bill Pulte sent a letter to Attorney General Pam Bondi in which he accuses Swalwell of having provided potentially false or incomplete data when applying for mortgage loans. The complaint targets several areas: possible mortgage fraud, alleged tax irregularities at the state and local level, as well as potential insurance-related issues.

Swalwell responds, accuses political motivation

After learning of the opening of the case, Swalwell reacted by asserting that he is not surprised to be the subject of investigations under the presidency of Trump. In his statement, he claimed that the president considers him a political adversary, and that is why, according to him, he has become a target.

Financial records under scrutiny

Documents filed with the Federal Election Commission show more than 75 payments recorded since 2021 for various campaign-related items. Among the disbursements is staffer Darly Meyer, who has received significant payments—more than $120,000 in the last year alone—for items including travel, transportation services, security, salary, and expense reimbursements.

Background: his claims about the "Russian plot"

Swalwell was one of the most insistent voices in asserting the existence of collusion between Donald Trump and Russia. However, both John Durham's report, published in 2023, and Robert Mueller's report in 2019 agreed that there was insufficient evidence to support a criminal conspiracy between the then-president's campaign and the Russian government.
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