Attorney General Letitia James, New York's top prosecutor, was indicted by a federal grand jury in Virginia.

James faces one charge of bank fraud and another of making false statements to a financial institution. The indictment alleges she misrepresented how she used a home she bought in Norfolk in 2020 to get a more favorable mortgage.

According to the indictment, the loan "required James, as the sole borrower to occupy and use the property as her second home, and prohibited its use as a timesharing or other shared property arrangement."

"Despite these representations, the Peronne Property was not occupied or used by James as a secondary residence and was instead used as a rental investment property, renting the property to a family of (3)," the indictment says.

"Attorney General

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