New York Attorney General Letitia James has been indicted on federal bank fraud charges related to a property she purchased in Norfolk, Virginia. The U.S. Department of Justice (DoJ) alleges that James misrepresented the property as her secondary residence to secure a favorable mortgage, while in reality, she rented it out to a family. Prosecutors claim this misrepresentation saved her $18,933, including a lower interest rate. James denies the charges, calling them a “desperate weaponization of our justice system” and accusing former President Donald Trump of orchestrating the case as political retribution. Trump has publicly pushed for legal action against James and other political opponents, including former FBI Director James Comey and Democratic Senator Adam Schiff. James’s attorney, Abbe Lowell, stated she would vigorously defend against the charges, expressing concern that the case is driven by Trump’s desire for revenge. The indictment follows a contentious history between James and Trump, including her successful civil fraud case against him in 2023, which resulted in a $500 million penalty later overturned on appeal. The legal battle underscores the ongoing political tensions between the two figures, with James vowing to continue her fight against what she calls baseless accusations.
