New York Attorney General Letitia James — the Democrat who made her name by taking on former President Donald Trump — was indicted Thursday by a federal grand jury in Virginia on charges of bank fraud and making false statements to a financial institution.
The indictment alleges that James falsely claimed a Norfolk, Virginia home was her second residence to qualify for favorable mortgage terms, while actually renting the property to a family. Prosecutors say the alleged misrepresentation saved her nearly $19,000, NBC News reported.
If convicted, James could face up to 30 years in prison and a $1 million fine for each count.
James, who led the high-profile civil fraud case that resulted in a $500 million judgment against Trump before an appeals court later threw it out, blasted the charges as “baseless” and politically motivated.
“These charges are baseless, and the president’s own public statements make clear that his only goal is political retribution at any cost,” she said in a statement and accompanying video on X. “The president’s actions are a grave violation of our Constitutional order.”
