Letitia James indicted!

[Green_Mountain]

If convicted on both counts, James faces up to 60 years in prison and a fine of up to $2 million.

James, 66, bought the three-bedroom, one-bathroom Norfolk, Va., home in August 2020 for roughly $137,000, most of which was financed with a $109,600 loan that prohibited it from being used as a rental investment property, prosecutors alleged.

That allowed her “to obtain favorable loan terms not available for investment properties,” they noted in the five-page filing, saving her “approximately $18,933 over the life of the loan.”

When a Post reporter visited the Norfolk home in April, neighbors said they had never seen James at the property.

Meanwhile, her income tax forms designated the home as a rental that brought in thousands of dollars in additional income.

https://nypost.com/2025/10/09/us-new...source=twitter

[Devo]

Originally Posted by maint729

Whatever Biden did was a hundred times better than this guy taking away your rights your insurance everything and giving it all to his rich buddies but you guys cannot see anything You look in red.

[Knute]

Originally Posted by bambino

The NY AG has some real issues:

Evidence DOJ says proves Letitia James defrauded the bank:
1. Claimed Norfolk home was a “secondary residence” to get better loan terms
2. Signed a “Second Home Rider” promising to live there
3. Actually rented it out to tenants
4. Reported rental income on her tax returns
5. Told insurer it was owner-occupied
6. Saved ~$18,933 from the false claim
— Case filed 10/9/25, E.D. Va.

Assuming all of these charges are true, what federal laws were violated?

[Jacuzzme]

Originally Posted by maint729

Whatever Biden did was a hundred times better than this guy taking away your rights your insurance everything and giving it all to his rich buddies but you guys cannot see anything You look in red.

I haven’t lost any rights or insurance everything (whatever that means). Have you? Which ones?

[bambino]

Originally Posted by Knute

Assuming all of these charges are true, what federal laws were violated?

It’s evidence. DUH. Mortgage fraud is a Federal crime. DUH.

Yes, mortgage fraud is considered a federal crime in the United States, as it involves providing false information or omitting material facts to deceive lenders during the mortgage application process. It is typically prosecuted under 18 U.S. Code § 1014, which can result in severe penalties, including lengthy prison sentences.

[maint729]

Spoken like a true Republican. Republicans don't care about anybody except themselves and their own. How many million did they say our not going to be able to afford their insurance? But hey as long as you got yours and people that's working got theirs more powerful to you. And you must have missed what happened to Colbert and Kimmel with there rights trying to take them away but you guys hated them anyway because they speak the truth.

[Jacuzzme]

You, as expected, failed to answer the question.

[Dr-epg]

Let’s stick to the topic please

[eyecu2]

Originally Posted by bambino

It’s evidence. DUH. Mortgage fraud is a Federal crime. DUH.

Yes, mortgage fraud is considered a federal crime in the United States, as it involves providing false information or omitting material facts to deceive lenders during the mortgage application process. It is typically prosecuted under 18 U.S. Code § 1014, which can result in severe penalties, including lengthy prison sentences.

Anyone caught lying on bank forms or applications should be punished in some way. Those forms have clear disclaimers that state lying on them is a crime. If she lied, (like DJT did), it's a crime. Stupid dumbass ppl doing crimes and thinking they are above the law. Sorry- you're not

[txdot-guy]

Originally Posted by eyecu2

Anyone caught lying on bank forms or applications should be punished in some way. Those forms have clear disclaimers that state lying on them is a crime. If she lied, (like DJT did), it's a crime. Stupid dumbass ppl doing crimes and thinking they are above the law. Sorry- you're not

Proving mortgage fraud is difficult because mistakes on paperwork are often made and proving lies is difficult.

Here is a good write up of the case. I recommend reading the entire article.


https://archive.ph/opyo4

The Mortgage Fraud Case Against Letitia James, Explained

Is mortgage fraud often prosecuted?

No. Banks can call in loans and take civil actions when they uncover misrepresentations, but federal prosecutors rarely bother with criminal charges — especially when the purported ill gains are small. According to an interactive data analyzer for the United States Sentencing Commission, 38 people were sentenced in 2024 for federal mortgage fraud convictions, and most of those cases involved dollar amounts in excess of $550,000.

To convict Ms. James at trial, prosecutors would have to persuade a jury not only that her paperwork contained an error, but also that it was an intentional misrepresentation and not an inadvertent mistake

Earlier allegations of financial fraud by Ms. James related to other properties proved thinner upon closer inspection.

William J. Pulte, a Trump loyalist atop the Federal Housing Finance Agency, has been sifting financial records in search of a basis to make criminal referrals against Mr. Trump’s adversaries. On April 14, he made a referral against Ms. James based on apparent paperwork problems with two other properties, including accusing her of falsely saying she would be the primary resident of a different house in Norfolk that she bought with her niece in 2023.

But two weeks later, her lawyer, Abbe D. Lowell, marshaled a detailed defense. After scouring the paperwork from the 2023 purchase himself, he accused Mr. Pulte of having misleadingly cherry-picked one form that incorrectly said Ms. James would live there while omitting that two others accurately stated that her niece would be its primary resident.

[Salty Again]

...

... Problem is, mate - that Letitia has NUMEROUS "mistakes" and
"errors" all over her paperwork. And on several different issues.

And it's NOT "cherry-picking" a form IF it's the one that claims
that Letitia James would live there and thus got the better mortgage
terms and valuations. ... If those two other pieces of paperwork
later claim that the niece would surely NOW be the resident, it
don't matter if Oscar the garbage man is also living there once
the initial mortgage fraud was done. -- It's still a CRIME.

##### Salty

[txdot-guy]

Originally Posted by Salty Again

...

... Problem is, mate - that Letitia has NUMEROUS "mistakes" and
"errors" all over her paperwork. And on several different issues.

And it's NOT "cherry-picking" a form IF it's the one that claims
that Letitia James would live there and thus got the better mortgage
terms and valuations. ... If those two other pieces of paperwork
later claim that the niece would surely NOW be the resident, it
don't matter if Oscar the garbage man is also living there once
the initial mortgage fraud was done. -- It's still a CRIME.

##### Salty

You have to prove intent before it becomes a crime.

[eyecu2]

Originally Posted by Salty Again

...

... Problem is, mate - that Letitia has NUMEROUS "mistakes" and
"errors" all over her paperwork. And on several different issues.

And it's NOT "cherry-picking" a form IF it's the one that claims
that Letitia James would live there and thus got the better mortgage
terms and valuations. ... If those two other pieces of paperwork
later claim that the niece would surely NOW be the resident, it
don't matter if Oscar the garbage man is also living there once
the initial mortgage fraud was done. -- It's still a CRIME.

##### Salty

I heard that Tish James had a disclaimer in all of her valuations that said nanny nanny boo boo stick your head and doo doo if you believe any of the check boxes that's on you you

Sorta like another 34 count felon.

[Salty Again]

Originally Posted by eyecu2

I heard that Tish James had a disclaimer in all of her valuations that said nanny nanny boo boo stick your head and doo doo if you believe any of the check boxes that's on you you

Sorta like another 34 count felon.

... What disclamer is THAT?? ...

... IF she signed a form - and her father signed
the same form that they are "Husband and Wife"
and Letitia got better mortgage terms from that
- IT'S FRAUD!

... One o' you lads has mentioned "intent" is needed
to prove Fraud.... She has too many paperwork
"mistakes" for it NOT to be Fraud.

... She's as good as gotten...

And there may be even MORE to the Letitia James story!
... Just wait!

#### Salty

[The_Waco_Kid]

Originally Posted by Salty Again

... What disclamer is THAT?? ...

... IF she signed a form - and her father signed
the same form that they are "Husband and Wife"
and Letitia got better mortgage terms from that
- IT'S FRAUD!

... One o' you lads has mentioned "intent" is needed
to prove Fraud.... She has too many paperwork
"mistakes" for it NOT to be Fraud.

... She's as good as gotten...

And there may be even MORE to the Letitia James story!
... Just wait!

#### Salty

nonsense salty! she's simply engrish impaired and didn't understand the questions!


bahahahahaaaa