Overview

• A federal grand jury in Alexandria returned two felony counts alleging bank fraud and false statements tied to a 2023 home loan James obtained.
• Prosecutors say she declared a Norfolk property as a second residence, then rented it out and benefited from a lower rate, estimating $18,933 in improper gains.
• James called the prosecution baseless and political, asserting it reflects the president’s use of the justice system against opponents.
• Her first court appearance is scheduled for October 24 in Norfolk.
• In a separate matter, she previously won a civil fraud verdict against Donald Trump; an appeals court later vacated the monetary penalty but upheld the fraud finding, and both sides have appealed to New York’s highest court.