New York Attorney General Letitia James pleaded not guilty on Friday in federal court to one count of bank fraud and one count of making false statements to a financial institution.
The indictment alleges that in 2020, James purchased a property in Norfolk, Virginia, for approximately $137,000, and falsely represented it as a second home—rather than an investment rental—to secure more favorable mortgage terms. Prosecutors claim the misrepresentation resulted in savings of roughly $19,000 over the life of the loan.
James has described the charges as “baseless” and maintained that she will vigorously defend herself while continuing in her role as New York Attorney General.
James, a Democrat and long-time critic of President Donald Trump, characterized the prosecution as political

Jurist

Raw Story
AlterNet
Reuters US Domestic
Law & Crime
New York Post