Albany, New York – The Trump administration has leveled accusations of mortgage fraud against New York Attorney General Letitia James, seeking federal prosecution through a criminal referral to the Justice Department. Officials from the Federal Housing Finance Agency (FHFA) allege that James falsified bank and property records to secure more favorable loan agreements, as reported by a senior administration official.
The allegations stem from a civil case that James won against Trump in 2023, which accused him of overinflating the value of his properties to obtain loans with advantageous terms. The Trump Organization was found liable for manipulating records and financial statements for better loan and insurance conditions. James, in response to the accusations, accused the administration of weaponizing the government against the rule of law and the Constitution.
Trump, in a letter to US Attorney General Pam Bondi, accused James of misrepresenting properties in both New York and Virginia for personal gain. The FHFA Director claimed that James had misrepresented a building in New York and claimed a property in Norfolk, Virginia, as her primary residence in 2023 to secure more favorable loan terms. James’ spokesperson defended her actions, emphasizing her commitment to upholding the law in the face of intimidation.
Since leaving office in 2021, Trump has faced multiple legal battles, alleging that his political opponents have weaponized the justice system against him. Despite no charges being filed against James, the White House confirmed that further details would be provided if the Justice Department chose to take action based on the criminal referral.
In a separate case, Trump was convicted of falsifying business records related to hush-money payments made to adult-film actress Stormy Daniels. He faced 34 counts of fraud and promised retaliation against those who he viewed as adversaries. This includes revoking security clearances of officials, firing prosecutors involved in investigations against him, and criticizing James openly on social media platforms.
Trump’s ongoing legal troubles and aggressive responses to his critics have underscored the political and legal tensions within the United States. As the legal battles continue, the outcomes of these cases will have broader implications for the future interactions between politicians, law enforcement, and the justice system. The accusations and counter-accusations highlight the delicate balance between political power and legal accountability in the country’s democratic system.