Oct. 9, 2025, 5:28 p.m. ET
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NY AG Letitia James indicted over mortgage fraud claims: source
New York state Attorney General Letitia James was indicted Thursday by a federal grand jury in Virginia on a single count of bank fraud, a source familiar with the proceedings told The Post.
The indictment was handed up in Eastern District of Virginia, where former FBI Director James Comey was indicted Sept. 25 on charges of lying to Congress and obstruction of justice.
Federal housing regulator Bill Pulte referred James to the Justice Department in April, claiming that she “falsified records” to get sweetheart home loans for a Norfolk, Va. property she claimed as her “principal residence” in 2023 — while she was starting 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.
James, 66, has called the allegations “baseless” and said she purchased the home with her niece, who uses it as her primary residence.
A rep for her office did not immediately respond to a request for comment.
“What we’re seeing today is nothing less than the weaponization of the Justice Department to punish those who hold the powerful accountable,” Democratic New York Gov. Kathy Hochul said in a statement.
James won a civil judgment against the Trump Organization last year for allegedly inflating the value of his real estate empire. The president was ordered to pay $355 million in penalties but has appealed the ruling, which grew to more than $500 million with interest.
FBI investigators began the criminal probe in May after Pulte’s referral the previous month, which also contained allegations of James misclassifying her Brooklyn brownstone as having four units instead of five.
That could have given her more favorable loan terms on both the New York and Virginia properties, according to Pulte.
https://nypost.com/2025/10/09/us-news/ny-ag-letitia-james-indicted-over-mortgage-fraud-claims-source/