Live Updates: Letitia James Pleads Not Guilty in Federal Fraud Case
New York Attorney General Letitia James has entered a plea of not guilty at her federal court arraignment in Norfolk, VA, on felony charges of bank fraud and making false statements to a financial institution.
The Case
James was indicted in a mortgage fraud case, with prosecutors alleging she misled a bank when obtaining a mortgage on a Norfolk, Virginia, property by stating it would be a second home, not an investment property.
Background
James had previously won a civil suit against President Donald Trump, his adult sons, and the Trump organization for inflating the value of his properties to obtain favorable interest rates on loans and insurance.
President Trump has long sought retribution against James, and this case is seen as part of that effort.
James was released with no special conditions on January 26.
Author's summary: Letitia James pleads not guilty to federal fraud charges.
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