The Justice Department has launched a criminal probe into Federal Reserve Governor Lisa Cook — issuing subpoenas in both Georgia and Michigan as part of an investigation into alleged mortgage fraud, The Post has learned.
The investigation, first reported on by the Wall Street Journal, centers on whether Cook allegedly committed fraud by listing more than one property as a primary residence when she applied for mortgages.
A grand jury in Atlanta is looking into Cook and “it’s likely an indictment could come,” a source familiar with the matter told The Post.
Cook owns properties in Michigan and Georgia, as well as Massachusetts.