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Virginia Grand Jury Indicts New York AG Letitia James on Bank Fraud and False-Statement Charges

A Trump-aligned Virginia prosecutor brought the case following the president’s public push to pursue his critics.

Overview

  • Prosecutors allege James misrepresented the occupancy status on a roughly $110,000 mortgage for a Norfolk, Virginia property in 2020.
  • The indictment claims she obtained better loan terms and an improper financial benefit totaling $18,933 by stating the home would be a primary or second residence while it was rented out.
  • U.S. attorney Lindsey Halligan, recently installed in the Eastern District of Virginia and formerly a personal lawyer to the president, is leading the case.
  • James called the accusations baseless and described the prosecution as political retaliation, as Democratic leaders condemned the charges.
  • Legal analysts expressed skepticism about a conviction and reporting indicates Halligan’s predecessor declined to bring the case, which follows a recent Virginia indictment of ex-FBI director James Comey.