In a bombshell development that has sent shockwaves through New York’s political landscape, Attorney General Letitia James—long heralded by the left as a champion of justice for her relentless pursuit of President Donald Trump—now finds herself ensnared in a federal criminal referral for alleged mortgage fraud. The accusations, detailed in a scathing letter obtained by The Post, paint a picture of hypocrisy and deceit that could unravel the career of a woman who built her brand on the mantra, “No one is above the law.” For conservatives, this is poetic justice: the hunter has become the hunted.
The referral, penned by Federal Housing Finance Agency (FHFA) Director William Pulte and addressed to Attorney General Pam Bondi and Deputy AG Todd Blanche, accuses James of falsifying records to secure favorable home loans for a property in Norfolk, Virginia, in 2023. The timing is particularly damning—James allegedly claimed the Virginia property as her “principal residence” just weeks before launching her high-profile civil fraud trial against the Trump Organization, which culminated in a $454 million judgment. As New York’s top prosecutor, James is legally required to maintain her primary residence in the Empire State. Yet, according to Pulte’s letter, she misrepresented her residency status to snag a lower interest rate and better loan terms.
“It appears Ms. James’ property and mortgage-related misrepresentations may have continued to her recent 2023 Norfolk, VA property purchase in order to secure a lower interest rate and more favorable loan terms,” Pulte wrote. The audacity of the alleged scheme is staggering, especially given James’ sanctimonious rhetoric during her crusade against Trump for allegedly inflating property values. If these accusations hold, James could face serious charges, including wire fraud, mail fraud, bank fraud, and making false statements to a financial institution.
But the Virginia property is just the tip of the iceberg. Pulte’s letter also unearths a decades-long pattern of alleged deceit. In 2001, James purchased a five-family dwelling in Brooklyn but reportedly misrepresented it as a four-unit property in building permit applications and multiple mortgage documents. This sleight of hand could have reduced her mortgage interest rate by as much as 1% and lowered monthly payments under the federal Home Affordable Modification Program. Even more bizarre, documents reveal that James listed her father as a co-signer on another property purchase in 1983 and 2000, falsely claiming they were “husband and wife.” As George Washington University law professor Jonathan Turley told Fox News’ Laura Ingraham, “Either it’s your principal residence or it’s not. Either you’re married to your father or he’s your father.”
Turley, a respected legal scholar, described the evidence as “quite damning” and the situation as “perfectly crushing” for James, who prosecuted Trump for similar allegations of misleading financial institutions. “This is a person who prosecuted Trump for everything short of ripping a label off a mattress,” Turley quipped on “The Ingraham Angle.” “If we apply the Letitia James standard that she created, there’d be little question here. This seems pretty straightforward.”
The irony is inescapable. James rose to prominence by weaponizing her office against Trump, repeatedly declaring, “No one is above the law,” as she launched investigations and lawsuits against him. Her rhetoric was a rallying cry for progressives eager to see the former president taken down. Yet now, as these allegations surface, James’ own words may come back to haunt her. If proven true, her actions would not only undermine her credibility but also expose the double standards that conservatives have long decried in liberal-led institutions.
James’ office, predictably, has dismissed the referral as a politically motivated attack. “Attorney General James is focused every single day on protecting New Yorkers, especially as this Administration weaponizes the federal government against the rule of law and the Constitution,” a spokesman said. “She will not be intimidated by bullies—no matter who they are.” But this deflection rings hollow when juxtaposed with the detailed evidence Pulte provided, including legal filings showing James granted power of attorney to a relative to sign documents for the Virginia property purchase, securing a $218,780 mortgage.
The timing of the referral adds another layer of intrigue. It dropped on the same day James’ office confirmed it was “preliminarily scrutinizing” whether insider trading occurred following President Trump’s 90-day pause on “reciprocal” tariffs. Trump, never one to mince words, has already seized on the scandal, blasting James on Truth Social as a “totally corrupt politician” who should “resign from her position as New York State Attorney General, IMMEDIATELY.” He added, “Everyone is trying to MAKE NEW YORK GREAT AGAIN, and it can never be done with this wacky crook in office.”
For conservatives, this scandal is more than just a gotcha moment—it’s a vindication of their long-held belief that liberal elites often operate with impunity while preaching accountability for others. James’ alleged misdeeds, if substantiated, would confirm what many on the right have argued: the left’s moral posturing is a facade, and their crusades against figures like Trump are driven by politics, not principle.
As this story unfolds, the question remains: will Letitia James face the same relentless scrutiny she so eagerly applied to others? Or will she, like so many progressive darlings before her, evade accountability? One thing is certain—her mantra, “No one is above the law,” has never felt more ironic. For now, conservatives are watching closely, ready to see if justice will finally catch up with New York’s self-styled guardian of the law.
