NY Attorney General Letitia James indicted in mortgage fraud case
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Video Description
New York Attorney General Letitia James was indicted Thursday on two federal counts — bank fraud and making false statements to a financial institution. The indictment alleges that in 2020, James falsely claimed on mortgage paperwork for a Virginia home that it would be her primary residence, even though she primarily lived and worked in New York. Prosecutors say the misrepresentation allowed her to secure more favorable loan terms, saving her about $18,000. The charges are fueling criticism that President Donald Trump is targeting his perceived political adversaries. James, a Democrat, has repeatedly clashed with the administration, filing lawsuits to block parts of its agenda. She also won a major civil fraud case against Trump in 2024.
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