the staff of the Ridgewood blog
New York New York, the FBI and the U.S. Attorney’s Office in Albany have initiated a formal criminal investigation into New York Attorney General Letitia James concerning allegations of mortgage fraud. The probe centers on claims that James falsified records to secure favorable loan terms for properties in Virginia and Brooklyn. New York PostReuters+1Newsmax+1
Allegations Under Investigation
The investigation, prompted by a referral from Federal Housing Finance Agency Director William Pulte, focuses on two primary allegations:
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Virginia Property: In 2023, James reportedly claimed a Norfolk, Virginia home as her primary residence to obtain better mortgage terms, despite her official residence being in New York as the state’s Attorney General. Wikipedia+4Times Union+4The Guardian+4
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Brooklyn Brownstone: James allegedly misrepresented the number of units in a Brooklyn property she has owned since 2001, potentially to qualify for more favorable loan conditions.
These actions could constitute violations such as wire fraud, mail fraud, bank fraud, and making false statements to financial institutions. New York Post
Political Repercussions and Responses
The investigation has sparked political controversy. Representative Elise Stefanik praised the FBI’s decision to examine the allegations, highlighting concerns over public trust and accountability. WSTM+1WRGB+1
In response, James has denied any wrongdoing, labeling the investigation as politically motivated retaliation for her previous legal actions against former President Donald Trump. Her attorney, Abbe Lowell, contends that the allegations are baseless and stem from clerical errors rather than intentional misconduct. New York Post+1Times Union+1Times Union+1The Guardian+1
Legal Defense Funding Controversy
Amid the investigation, scrutiny has arisen over a provision in New York’s 2025 state budget that allocates up to $10 million for legal fees of state employees, including those under federal investigation. Critics argue this measure could result in taxpayers funding James’s legal defense. New York Post
Ongoing Developments
As the investigation proceeds, a federal grand jury in Virginia is reportedly reviewing evidence related to the case. The outcome of this probe could have significant implications for James’s political career and the broader political landscape in New York.The Washington Post+2Times Union+2The Guardian+2The Guardian
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Put her fat ass in jail.
“no one is above the law”
New York State has allocated $10M for legal fees for her. Her highly skilled defense in a blatant fraud is being funded by the NY taxpayers.
NY residents are paying for her personal defense? I’m guessing that will change – soon.
This bitch has a real bad attitude, she needs to go time to resign
Another lock her up!
Seems to me all these people are saying no one is above the law except trump.
When she goes to prison she’s gonna have to leave that wig at home