Let's Dish: The Feds Go After New York's AG in a Mortgage Fraud Probe
Investigation Launched: The United States Department of Justice begins a criminal examination against the Attorney General of New York. - Criminal probe launched by U.S. Justice Department against New York's top legal official
The drama unfolded when Federal Housing Finance Agency (FHFA) director, William J. Pulte, referred an allegation of mortgage fraud by Letitia James to the Justice Department back in April. The Attorney General is suspected of cooking docs to land better mortgage deals for N.Y and Va properties. The FHFA spilled the beans in a letter, partially revealed by U.S media. The Attorney General, Pam Bondi, commented that they'd be giving the claims a good ol' review on Fox News.
You might recall that ol' '45, Donald Trump, lost a civil trial to James in 2024. He was found guilty of puffing up the worth of his real estate empire to bag sweet loan terms. Trump was ordered to cough up about €400 mil. The Trumpster has never hidden his disgust for these legal wrangles, calling them politically motivated witch hunts. During his campaign, he promised to get back at his political foes.
- FBI Investigation
- Donald Trump
- Letitia James
- Justice Department
- Civil trial
- U.S. President
- Real estate
- Bank loans
- Mortgage fraud
- Witch hunt
- NY Attorney General
Digging Deeper:
- The investigation, led by the FBI, started following a criminal referral from Pulte, who is no stranger to Trump. He was appointed by Trump as the head of the FHFA.
- James is accused of lying about her primary residence in Norfolk, Va and inflating the number of livable units in a Brooklyn property.
- The probe comes after James successfully prosecuted Trump, making him pay half a billion bucks. Trump is still barking about James being a "total crook."
Current Scene:
- The Eastern District of Virginia grand jury has summoned folks connected to the case over James' allegedness of her Virginia home being her main pad.
- The FBI, the main DOJ, and the Albany field office are all involved in the investigation.
- James' attorney, Abbe Lowell, views the investigation as a political ploy by Trump and claims they're ready to toss false claims back in the face with facts.
What's at Stake:
The investigation adds another layer to the legal and political drama between Letitia James and Donald Trump. The results could significantly impact both parties, shaping public perception of their integrity. With multiple federal agencies on the case, it's clear this probe is a big deal. However, the timing and political mess raise suspicions about hidden agendas.
- The ongoing investigation, spearheaded by the Federal Bureau of Investigation (FBI), stemmed from a criminal referral made by William J. Pulte, a former appointee of U.S President Donald Trump as the head of the Federal Housing Finance Agency (FHFA).
- The recent allegation against Letitia James, the New York Attorney General, involves charges of falsifying documents about her primary residence in Norfolk, Virginia, and inflating the number of livable units in a Brooklyn property, accusations that surfaced following the FBI's involvement.
- The investigation comes amidst growing tension between Letitia James and Donald Trump, who was recently ordered to pay half a billion dollars in a civil trial led by James. Trump has criticized James, calling her a "total crook."
- The US Justice Department, the FBI, and the Albany field office are all currently involved in the investigation, with James' attorney, Abbe Lowell, accusing Trump of using the investigation as a political ploy and promising to counter any false claims with facts.
