New York Attorney General Indicted for Bank Fraud | Drudge Retort

Friday, October 10, 2025

New York Attorney General Indicted for Bank Fraud

New York Attorney General Letitia James was criminally indicted on two counts by a grand jury on Thursday.

Posted by jpw at 09:33 AM | 36 COMMENTS | permalink

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This is nothing more than a continuation of the president's desperate weaponization of our justice system. I am not fearful -- I am fearless. We will fight these baseless charges aggressively, and my office will continue to fiercely protect New Yorkers and their rights..

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-- New York Attorney General Letitia James (@newyorkstateag.bsky.social) Oct 9, 2025 at 5:36 PM

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"This is nothing more than a continuation of the president's desperate weaponization of our justice system," James said in a statement.

"These charges are baseless, and the president's own public statements make clear that his only goal is political retribution at any cost," she added. "The president's actions are a grave violation of our Constitutional order and have drawn sharp criticism from members of both parties."

SO the Pres convicted of 34 counts of millions in business fraud claims that James made 18K more over a period of years because... wait for it... the Pres is psychic and knows that she intended to rent the home, not use as a second home as on the mortgage.

He's SO talented!

#1 | Posted by Corky at 2025-10-09 07:27 PM

Trump is a bitter old man.

#2 | Posted by ClownShack at 2025-10-09 08:02 PM

It won't even make it to trial.

www.lawfaremedia.org

They have to prove she intentionally deceived the bank by claiming it would be her primary residence in order to secure a better rate, not simply an error.

1. This claim literally only relies on a power of attorney document.
She clearly caught the error in the document and notified the bank it would NOT be her primary residence. It would be the primary residence for her neice who she was helping buy the property. She did so in capital letters in emails to the mortgatge loan broker: "This property will NOT be my primary residence. It will be Shamice's primary residence."
2. Worse for the DOJ, the loan application filed after the erred power of attorney form clearly reflects that it will NOT be her primary residence.
So Prosecutors are going to have a hard time proving she intended to deceive the bank.
3. The other option prosecutors are trying to claim the Fannie May/Freddie Mac standardized form requires the signer to use the home as their primary residence. Except, it was signed by BOTH her and her niece. So that is unlikely to go anywhere as well.

So essentially showing intent will be impossible AND showing it would have gotten her a better rate nearly impossible. Both are required.

There is a reason why DOJ attorneys refused to bring the case and Trump had to put his own insurance lawyer in AND why no other DOJ attorney would even sign documents related to the case.

#3 | Posted by Sycophant at 2025-10-09 08:40 PM

No matter what happens, in future Trumpers will still be saying, "Remember when Trump got even with that black NY B?

#4 | Posted by Corky at 2025-10-09 08:50 PM

When powerful people cheat to get better loans, it comes at the expense of hardworking people.
Everyday people cannot lie to a bank, and if they did, our government would throw the book at them.
There simply cannot be different rules for different people.
~ Ny AG.

#5 | Posted by oneironaut at 2025-10-09 08:50 PM

#5

She hasn't been proven wrong, and most legal experts say she won't be, Silly Rabbit.

#6 | Posted by Corky at 2025-10-09 08:54 PM

Yeah, this case should be thrown out even faster than Comey's will be.

#7 | Posted by qcp at 2025-10-10 08:53 AM

When powerful people cheat to get better loans, it comes at the expense of hardworking people.
Everyday people cannot lie to a bank, and if they did, our government would throw the book at them.
There simply cannot be different rules for different people.
~ Ny AG.

#5 | Posted by oneironaut

Read #4

Cry some more

#8 | Posted by Sycophant at 2025-10-10 10:13 AM

"There will never be an enemies list within the Department of Justice"

"I will not target people simply because of their political affiliation".

-Pam Blondi

#9 | Posted by donnerboy at 2025-10-10 10:16 AM

No Republicans here to gloat?

This is so blatantly racist, I'm surprised the Republican men aren't all standing around a cookie over this one.

#10 | Posted by snoofy at 2025-10-10 12:03 PM

No one is above the law!

She defrauded the bank by lying on a loan application.

"Prosecutors allege she saved $18,933 (14,229) through this "misrepresentation", including by securing a lower interest rate."

#11 | Posted by lfthndthrds at 2025-10-10 12:12 PM

"She defrauded the bank by lying on a loan application."

When Trump did that it wasn't a crime according to you. What changed?

#12 | Posted by snoofy at 2025-10-10 12:17 PM

"She defrauded the bank by lying on a loan application."

So doing that is suddenly wrong in your book?

How about 34 times?

#13 | Posted by Danforth at 2025-10-10 12:18 PM

The concept of having consistent morals only makes sense when you have morals to begin with.

#14 | Posted by snoofy at 2025-10-10 12:24 PM

When Trump did that it wasn't a crime according to you. What changed?

#12 | Posted by snoofy at 2025-10-10 12:17 PM | Reply

Are you saying she shouldn't be charged because I thought the charge against Trump was cherry picked?

#15 | Posted by lfthndthrds at 2025-10-10 12:30 PM

So doing that is suddenly wrong in your book?

#13 | Posted by Danforth at 2025-10-10 12:18 PM | Reply | Flag:

She wanted to make an example out of a former President... Now she will be an example... See how that works? FAFO

#16 | Posted by lfthndthrds at 2025-10-10 12:31 PM

No, you're saying that.

#17 | Posted by snoofy at 2025-10-10 12:31 PM

She wanted to make an example out of a former President... Now she will be an example... See how that works? FAFO
#16 | Posted by lfthndthrds

^
Two wrongs make a right.
That's Republican values in a nutshell.
All about getting revenge on the people who made you a Victim.

#18 | Posted by snoofy at 2025-10-10 12:33 PM

Two wrongs make a right.

#18 | Posted by snoofy at 2025-10-10 12:33 PM | Reply | Flag:

So you freely admit what she did was wrong...

#19 | Posted by lfthndthrds at 2025-10-10 12:37 PM

So you freely admit what she did was wrong...
#19 | Posted by lfthndthrds

I don't have an opinion on what she did.

Fact is, you're the one who is claiming her wrongdoing justifies other people's wrongdoing.

Do you freely admit any wrongdoing justifies other people's wrongdoing, or are you going to backpedal like the ----- you grew up to be?

#20 | Posted by snoofy at 2025-10-10 12:41 PM

Im pretty sure this is going nowhere, since the lawyers refused to sign on to it. Trump had to hire a hack to even get this moving.

#21 | Posted by Alexandrite at 2025-10-10 12:41 PM

I don't have an opinion on what she did.

#20 | Posted by snoofy at 2025-10-10 12:41 PM | Reply | Flag:

Then ---- your opinion on what is now happening.

#22 | Posted by lfthndthrds at 2025-10-10 12:52 PM

Then ---- your opinion on what is now happening.

#22 | POSTED BY LFTHNDTHRDS

Same to you!

If you don't think that the President of the United States should not be held to a higher standard than the rest of us when it comes to obeying the law.

#23 | Posted by donnerboy at 2025-10-10 12:54 PM

Then ---- your opinion on what is now happening.
#22 | Posted by lfthndthrds

I'll have to do it for you, since your dick doesn't get hard enough to have sex any more.

Hey, I'd be angry too.

But I'm not the one who hurt you.

#24 | Posted by snoofy at 2025-10-10 12:58 PM

Actually the Trump case was so flaky that there was no precedence throughout our country for it, as they took a misdemeanor, past the statute of imitations, made it into a felony case and broke out into multiple facets - think about that --- and there was no harmed party in the case. Dem 'LaFare' at its finest....

#25 | Posted by MSgt at 2025-10-10 03:32 PM

"Actually the Trump case was so flaky that there was no precedence throughout our country for it"

Agreed. No other President has ever tried anything this flaky.

#26 | Posted by snoofy at 2025-10-10 03:35 PM

Then ---- your opinion on what is now happening.

#22 | POSTED BY LFTHNDTHRDS

Considering an unqualified lackey had to be brought in to make this nonsense happen, I'd say your opinion is s^*+ on this topic as well.

#27 | Posted by jpw at 2025-10-10 03:39 PM

@#11 ... She defrauded the bank by lying on a loan application.

"Prosecutors allege she saved $18,933 (14,229) through this "misrepresentation", including by securing a lower interest rate." ...

Wait, what?

So if I buy a house to occupy it, and then later I determine that I want to rent out the house, that is a crime?

That is the gist of this "crime?"

Friggin' really.

Just wow.

#28 | Posted by LampLighter at 2025-10-10 08:03 PM

@#25 ... Actually the Trump case was so flaky that there was no precedence throughout our country for it, ...

Please be specific.

Which Trump case?

Why was the case so flaky that there was no precedence?

thx.

#29 | Posted by LampLighter at 2025-10-10 08:05 PM

#28

Whomever you are retorting I have plonked, but whoever they are, they are an idiot... the non-savant type.

#30 | Posted by Corky at 2025-10-10 08:23 PM

"She defrauded the bank by lying on a loan application."

What's the typical Federal sentencing for that, and what are the guidelines?
How often do the Feds prosecute this kind of thing?

Does JeffJ think this is lawfare, like it was lawfare when Trump was charged with the same crime? LOL of course not!

#31 | Posted by snoofy at 2025-10-10 08:29 PM

What's the typical Federal sentencing for that, and what are the guidelines?

30yrs

How often do the Feds prosecute this kind of thing?

Often enough.

#32 | Posted by oneironaut at 2025-10-10 08:33 PM

SO the Pres convicted of 34 counts of millions in business fraud claims that James made 18K more over a period of years because... wait for it... the Pres is psychic and knows that she intended to rent the home, not use as a second home as on the mortgage.

He's SO talented!

#1 | Posted by Corky

JeffyJ sucks Mobster Mushroom.

And every expert I've read says the charge is garbage.

#33 | Posted by Corky at 2025-10-10 08:35 PM

Even if what Trump's DOJ says is 100% true, the most that James could have benefited is around $50/month in reduced interest, which over the life of the loan would amount to approximately $19,000. How much is it going to cost the taxpayers to adjudicate this case, particularly if it goes to trial? And the DOJ is also demanding that if they prevail and get a conviction, that James would have to pay restitution and be sentenced to 30-years in prison. How does this punishment fit the 'crime'?

And this is all predicated on proving, beyond a reasonable doubt, that the James KNEW at the time that she purchased the home and applied for the mortgage that she was doing so as an investment. That being said, she specially stated on the loan application that the house was NOT going to be used as a her primary residence, but rather that she was buying it so that her niece would have a place to live.

OCU

#34 | Posted by OCUser at 2025-10-11 01:19 PM

"How much is it going to cost the taxpayers to adjudicate this case, particularly if it goes to trial?"

^
It costs orders of magnitude more to prosecute bank robbers, than bank robbers steal from the bank.

#35 | Posted by snoofy at 2025-10-11 01:21 PM

How do Republicans of otherwise good conscience continue to support Trump? It makes no sense except when viewed through the lens of vitriolic partisanship.

#36 | Posted by moder8 at 2025-10-11 05:00 PM

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