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New York Attorney General Letitia James has been indicted on a single count of bank fraud in connection to a mortgage on a residential property in Virginia.

“No one is above the law,” said Lindsey Halligan, the interim US Attorney for the Eastern District of Virginia. “The charges as alleged in this case represent intentional, criminal acts and tremendous breaches of the public’s trust. The facts and the law in this case are clear, and we will continue following them to ensure that justice is served.”

In April, Federal Housing Finance Agency Director Bill Pulte sent a criminal referral to Attorney General Pam Bondi and Deputy Attorney Todd Blanche that claimed James “falsified records” to obtain loans on a Virginia property that she listed as her “principal residence” in August 2023. This occurred weeks before she litigated a civil fraud trial that resulted in a $454 million judgment against Trump and the Trump Organization.

However, Halligan’s predecessor Erik Siebert resigned when he refused bring an indictment against James, claiming there was insufficient evidence to bring the case to trial. Trump used his Truth Social channel to publicly demand that Bondi bring an indictment against James.

James, who called the charges “baseless,” is scheduled to make an initial appearance in the federal court in Norfolk, Virginia, on Oct. 24. If convicted, James faces penalties including up to 30 years in prison per count, up to a $1 million fine on each count, and forfeiture.