by WorldTribune Staff / 247 Real News October 10, 2025
A federal grand jury in the Eastern District of Virginia on Thursday indicted New York Attorney General Letitia James on one count of bank fraud and one count of making false statements to a financial institution. Both are felonies.
The indictment centers on James’s purchase of a home in Norfolk. Prosecutors allege she falsely claimed it as a second residence to secure better loan terms before leasing it to tenants.
Prosecutors said the 66-year-old James faces up to 30 years in prison per count and up to a $1 million fine on each count if she’s convicted.
Federal housing regulator Bill Pulte referred James to the Justice Department in April, claiming that she “falsified records” to get sweetheart home loans for the Virginia property in 2023. At the time, James was just beginning her second term as New York’s top prosecutor.
Pulte suggested that James had committed crimes including wire fraud, mail fraud, bank fraud and false statements to a financial institution, among other offenses.
The office handling James’s case is headed by U.S. Attorney Lindsey Halligan, who was appointed to the position by President Donald Trump after her predecessor, Erik Siebert, was fired.
Siebert had reportedly expressed doubts about bringing cases against the New York AG and former FBI Director James Comey.
Halligan said in a statement after James’s indictment that the “charges as alleged in this case represent intentional, criminal acts and tremendous breaches of the public’s trust.”
“The facts and the law in this case are clear, and we will continue following them to ensure that justice is served,” she added.
Prior to Comey and, now James, being indicted, Trump wrote in a post to Truth Social: “Nothing is being done. What about Comey, Adam ‘Shifty’ Schiff, and Leticia??? We can’t delay any longer, it’s killing our reputation and credibility. They impeached me twice, and indicted me (5 times!), OVER NOTHING. JUSTICE MUST BE SERVED, NOW!!!”
James’s attorney, Abbe Lowell, insisted the case “is driven by President Trump’s desire for revenge.”
A social media post from February 2024, when James was steeped in the lawfare campaign targeting Trump, came back to haunt the New York AG on Thursday after she was indicted.
James had posted to X: “When powerful people cheat to get better loans, it comes at the expense of hardworking people. Everyday Americans cannot lie to a bank to get a mortgage, and if they did, our government would throw the book at them. There simply cannot be different rules for different people.”
New York Republican Rep. Elise Stefanik noted of James: “Her hypocrisy is profound as she campaigned on the mantra that ‘no one is above the law,’ yet she now faces allegations of committing the very type of financial misrepresentation she baselessly pursued against President Trump.”
New York AG Letitia James indicted on two felony counts; faces 30 years on each count added by Editor Two on
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