On Thursday, a federal grand jury in the Eastern District of Virginia indicted New York Attorney General Letitia James (D) on fraud charges.
MSNBC announced James’ indictment on one count of mortgage fraud, stemming from alleged misrepresentations on property filings for a Virginia home and Brooklyn building.
In April, Bill Pulte, serving as director of the Federal Housing Finance Agency (FHFA), sent a letter to the Justice Department alleging that James had “falsified bank documents and property records” to secure more favorable loan terms.
🚨JUST ANNOUNCED: NY Attorney General Letitia James officially indicted for mortgage fraud by a Virginia federal grand jury. pic.twitter.com/tjTNiwOe0z
— AJ Huber (@Huberton) October 9, 2025
Pulte also lodged criminal referrals against Sen. Adam Schiff of California and Federal Reserve Board member Lisa Cook.
The Hill reports:
James landed in Trump’s crossfire after taking on his business empire for civil fraud.
She won a nearly $500 million judgment against him after a judge found Trump and other defendants inflated his net worth for tax and insurance benefits, putting the president’s billionaire status and company at risk.
…
In Cook’s case, Trump used the referral as cause for her removal from the board, which she has challenged up to the Supreme Court. Arguments over the matter are scheduled for January.
The charge comes just two weeks after former FBI Director James Comey, another longtime Trump foe, was indicted on two felony counts stemming from congressional testimony he gave in 2020.
James’ office denies the charges as baseless and politically driven, linked to her high-profile civil fraud case against President Trump.
This is a breaking news story. Please check back for updates.
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