New York AG Letitia James Indicted on Mortgage Fraud Charges Amid Political Backlash

New York Attorney General Letitia James faces federal indictment in Virginia over allegations of mortgage fraud, a development that follows public pressure from former President Donald Trump. The charges stem from loan applications tied to a Norfolk property she allegedly misrepresented as a secondary residence.

Bloomberg reports the indictment centers on claims by Federal Housing Finance Agency Director Bill Pulte, who accused James of securing favorable loan terms under false pretenses. Prosecutors allege she falsely listed the Virginia home as a rental property occupied by a family of three.

Acting U.S. Attorney Lindsey Halligan—a former TRUMP personal attorney—oversees the case, characterizing the charges as 'intentional, criminal acts.' James denies all allegations, with her legal team preparing a vigorous defense against potential 30-year prison sentences and $1 million fines per count.