First it was Hillary Clinton.

Now the FBI has set its sights on another former Democratic Presidential candidate.

And the news is not good.

Jane Sanders – wife of socialist Senator Bernie Sanders – was the President of Burlington College from 2004 to 2011.

In 2010, she arranged a deal to purchase land from the Roman Catholic Diocese.

But there are allegations she falsified information on her loan application causing the Church to lose over one million dollars on the deal.

Now the FBI is investigating Jane Sanders for alleged bank fraud.

The Daily Wire reports:

“According to the news outlet Seven Days, Sanders’ wife, Jane O’Meara Sanders, is under investigation for obtaining a loan in 2010 to purchase a piece of land owned by the Roman Catholic Diocese of Burlington church for Burlington College, which she was the president of from 2004 to 2011. She has been accused of “inflating the number of fundraising commitments she had” in order to obtain the loan, as she had claimed that the college had $2.6 million in loans pledged; that number $676,000.

Burlington’s default resulted in the church losing “between $1.6 million and $2 million” since it “financed a portion of the sale.” Burlington itself officially shut down in May 2016 due to the massive amount of debt it was facing.

The FBI has been tight-lipped about the investigation, but Seven Days talked to people who had been involved with the college, including Carol Moore, the last president of the college, who told the publication that the FBI had asked her, “Was there any collusion between Jane Sanders and the bank? Did she falsify records in order to get the loan from the bank?”

The report also cites troubling differences in what people pledged and what Sanders reported.

The Hill reports:

“She claimed the college could count on $2.6 million in donations to pay for the purchased land, according to a 2010 loan application. But she ultimately raised only a fourth of that, making $676,000 in donations over the next four years, putting the college into bankruptcy in May 2016.

The numbers that donors say they pledged compared to what Sanders documented differ, according the report.

The report cites an example where Corinne Bove Maietta pledged to give $1 million over half a decade, according to the 2010 loan application. Maietta, however, says she did not make that pledge, saying she offered a bequest of an unspecified amount to be paid to the college when she died, the report said.”

On the campaign trail, Bernie Sanders railed about a rigged system and the big shots screwing over the little guy.

Now those accusations are hitting close to home. His wife, who is an elite college president, is being accused of fraud which led to a Church taking a massive financial hit.

We will keep you up to date on this developing story.