"The indictment accuses James on two felony counts: bank fraud and making false statements to a financial institution. New York Attorney General Letitia James, who led a legal case against US President Donald Trump over alleged fraud in his businesses, has been charged with lying on a mortgage application, drawing accusations of political vindictiveness by the White House. Her first court appearance is set for October 24."
"James is the attorney general of New York, a Democrat who has built her reputation on pursuing powerful figures and institutions. She gained national attention for leading civil cases against Trump, his family, and the Trump Organization, securing a major fraud ruling earlier this year. Now 66, James has served as New York's attorney general since 2019, when she made history as the first Black woman elected to statewide office."
Letitia James faces two felony charges: bank fraud and making false statements to a financial institution. Prosecutors allege she misrepresented details on a mortgage application to secure more favorable loan terms. The indictment alleges that in 2020 James bought a three-bedroom house in Norfolk, Virginia, claimed it as a secondary residence to obtain better mortgage terms, but treated it as a rental property and leased it to a family. That alleged misrepresentation lowered her loan costs and saved nearly $19,000 over time. Her first court appearance is set for October 24. Conviction could carry up to 30 years in prison per count and fines up to $1 million per charge. James has served as New York attorney general since 2019 and led major civil cases against Donald Trump and the Trump Organization.
Read at www.aljazeera.com
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