New York Attorney General Letitia James has been criminally indicted by a grand jury for bank fraud, kicking off another politically charged case brought by the same Virginia federal prosecutor who went after former FBI Director James Comey two weeks ago.
James was charged with one count of bank fraud and another count of making false statements to a financial institution. But the nature of the charges was a near mirror image of the case she once led against Trump.
While her full civil trial against him proved that Trump gained hundreds of millions of dollars by inflating assets, this indictment claimed that James secured a mortgage that would earn $17,837 over the full life of the loan — by cutting the interest rate from 3.8% down to 3%.