Live Updates: Letitia James Arraignment in Federal Fraud Case
New York Attorney General Letitia James is scheduled to make her first appearance in court at the federal courthouse in Norfolk, Virginia, after being indicted in a mortgage fraud case.
Entering a Plea
Letitia James has entered pleas of not guilty at her Norfolk, VA, federal court arraignment on felony charges of bank fraud and making false statements to a financial institution.
Trump's Retribution Campaign
James is among those that President Donald Trump has long sought retribution against. James won a civil suit against Trump, his adult sons, and the Trump organization for inflating the value of his properties to obtain favorable interest rates on loans and insurance.
The Charges
Prosecutors allege James misled a bank when she obtained a mortgage on a Norfolk, Virginia, property by stating it would be a second home, not an investment property. They say doing so allowed her to save $18,933 over the life of the loan.
Author's summary: Letitia James faces federal fraud charges.
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