"James had been a personal target of US President Trump, as she had successfully sued him for overstating his wealth to dupe lenders. New York Attorney General Letitia James, a longtime foe of US President Donald Trump, has been indicted for bank fraud, the Reuters news agency has reported, citing a person familiar with the matter, as the administration seeks to use government power against those who have pursued investigations into Trump or publicly resisted his agenda."
"She is best known for bringing a civil fraud case against Trump and his family's real estate company in 2022. The case resulted in a $454.2m penalty against Trump after a judge found he fraudulently overstated his net worth to dupe lenders. A New York state appeals court in August threw out the penalty, which had grown to more than $500m with interest, but upheld the trial judge's findin"
Letitia James, New York Attorney General, was indicted on one count in the Eastern District of Virginia following a mortgage fraud investigation. The case remained under seal, preventing assessment of prosecutorial evidence, and James's office offered no immediate comment. The indictment arises amid political tensions with former President Donald Trump, who has repeatedly assailed James after she won a civil fraud judgment against him and his family real estate company. That civil case produced a $454.2 million penalty after a judge found Trump overstated his net worth to dupe lenders; an appeals court later threw out the penalty but upheld the finding.
Read at www.aljazeera.com
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