BOOM: Jane SANDERS LOAN

Two days after Burlington College announced its closure, a member of the board of trustees told local media: “I have heard that federal people have been asking questions” about $10 million in loans secured by Jane O’Meara Sanders, former president of the college and the wife of presidential candidate Bernie Sanders.

Tom Torti, secretary of Burlington College’s board of Trustees, tells Heat Street that while he has not personally been contacted or interviewed by federal authorities, he has heard talk of an ongoing probe. He declined to name his sources, adding that rumors abound in a small community and that federal investigations are less transparent than they should be.

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[link to heatst.com]