Letitia James Gets Devastating News

New York Attorney General Letitia James (D) — long known for her relentless legal pursuit of President Donald Trump — has been indicted by a federal grand jury on two felony counts related to an alleged mortgage fraud scheme.

The indictment marks a stunning fall from grace for one of Trump’s loudest critics, and a new twist in the president’s vow to hold corrupt officials accountable.

Federal Charges Rock the New York Attorney General’s Office

Filed Thursday in the Eastern District of Virginia, the indictment accuses James of bank fraud and making false statements to a financial institution.

She’s scheduled to make her first court appearance on October 24 in Norfolk, Virginia, before a magistrate judge.

According to interim U.S. Attorney Lindsey Halligan, who is leading the case:

“No one is above the law. These charges represent intentional, criminal acts and a tremendous breach of the public’s trust.”

The indictment carries potential prison sentences of up to 30 years, though legal experts say James — a first-time offender — would likely face a reduced sentence if convicted.

James Claims Political Retaliation by President Trump

James quickly fired back, calling the charges “a continuation of the president’s weaponization of the justice system.”

In a fiery statement, she insisted the allegations are “baseless” and politically motivated, claiming Trump is “using federal agencies to punish his opponents.”

However, prosecutors argue otherwise — pointing to detailed evidence that James lied on mortgage documents, rented out property illegally, and profited nearly $19,000 through deceptive loan terms.

Prosecutors Say James Misled Banks and Tax Officials

According to court filings, James purchased a Norfolk, Virginia home in 2020 under a “second home rider” agreement that required her to use the property as her own residence to qualify for favorable loan terms.

Instead, prosecutors say, she rented the house to another family — while continuing to claim it as her personal home on loan, tax, and insurance documents.

The indictment also states that James “further misrepresented” her intent when filing for homeowners’ insurance and property tax benefits, allegedly defrauding financial institutions and taxpayers alike.

The case has been assigned to U.S. District Judge Jamar Walker, a Biden appointee.

Ties to Earlier Trump Feud Over $500 Million Judgment

The charges come less than a year after James secured a nearly $500 million civil judgment against Trump — accusing him of inflating his net worth for financial gain.
That ruling, delivered by a New York Democrat-appointed judge, was partially overturned on appeal, but much of the case remains under review.

James insists her actions were “based on evidence, not politics.”

Still, conservatives have long viewed her pursuit of Trump as a politically driven witch hunt — and this new indictment is seen by many as long-overdue accountability.

Federal Referral Sparked the Investigation

The investigation began when Federal Housing Finance Agency Director Bill Pulte filed a criminal referral against James in April.

Pulte alleged that James falsely claimed a Virginia home as her primary residence while serving as New York’s Attorney General — even though she is required by law to maintain her primary residence in New York State.

“It appears Ms. James misled lenders to secure a lower interest rate,” Pulte wrote.
He also filed similar referrals against Sen. Adam Schiff (D-CA) and Federal Reserve Governor Lisa Cook, both longtime critics of Trump.

So far, only James has been charged.

Another Trump Adversary, James Comey, Also Indicted

James’s indictment comes just two weeks after former FBI Director James Comey — another Trump foe — was charged with two felonies related to his 2020 congressional testimony.

Comey pleaded not guilty and faces trial in early January.

Together, the two cases mark a remarkable turning point — as Trump’s Justice Department appears determined to expose years of alleged political corruption within the Democratic establishment.

What Happens Next

Letitia James has vowed to fight the charges “aggressively”, hiring high-profile attorney Abbe Lowell — known for defending political figures under fire.

If convicted, she could lose her law license, pension, and public office — a stunning fall for a woman once hailed as the “scourge of Trump Tower.”

Bottom Line:

The indictment of Letitia James underscores a dramatic new era of accountability in Washington — one where powerful Democrats are finally being held to the same legal standards as everyone else.