• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Economy

Department of Justice opens criminal investigation into NY AG Letitia James

by May 9, 2025
by May 9, 2025

The Department of Justice has opened a criminal investigation into New York Attorney General Letitia James, Fox News has learned.

A source familiar with the matter confirmed that a grand jury in the Eastern District of Virginia sent out subpoenas related to accusations that James misrepresented a single-family home in Virginia as her primary residence to obtain more favorable loan terms.  

News of the federal probe follows a criminal referral from the Trump administration’s Federal Housing Finance Agency Director William Pulte, who requested the DOJ investigate James over that matter and another incident in which she allegedly misrepresented the number of livable units in a multifamily Brooklyn house to once again obtain better loan terms. 

‘These baseless and long-discredited allegations, put to rest by my April 24 letter to the Department of Justice, are suddenly back in the news just days after President Trump publicly attacked Attorney General James,’ James’ attorney, Abbe Lowell, said Thursday. 

‘This appears to be the political retribution President Trump threatened to exact that AG Bondi assured the Senate would not occur on her watch. If prosecutors are genuinely interested in the truth, we are prepared to meet false claims with facts.’

After Pulte’s criminal referral was sent to the Justice Department, specifically U.S. Attorney General Pam Bondi, Lowell followed up with his own letter to Bondi and the Justice Department, accusing the president of seeking ‘political retribution.’ 

James has been part of a group of Democratic attorneys general who have sued to halt many of Trump’s orders during his first few months in the Oval Office. 

Additionally, James was the catalyst behind Trump becoming the first U.S. president sentenced as a felon. She was the lead prosecutor in a case she brought against Trump and the Trump Organization that alleged Trump and his company falsified business records to obtain more favorable loan terms.

Trump was convicted on 34 felony counts of falsifying business records and was ordered to pay $350 million in penalties and is appealing the conviction.

‘The stunning hypocrisy of President Trump’s complaint that the Justice Department had been ‘politicized’ and ‘weaponized’ against him is laid bare as he and others in his administration are now asking you to undertake the very same practice,’ Lowell wrote in his letter to Bondi.

Lowell, in his letter, pointed to instances when Trump has called for revenge and instances when the president has personally attacked James. 

Lowell also responded to the allegations, including the claim James listed a home in Virginia as her primary residence while serving as a state official in New York. According to Lowell, James had no intention of using the property as a primary residence, and her indication of this in a power-of-attorney letter was a mistake. Lowell pointed out there were other documents in which James indicated to her lender that the Virginia home would not be her primary residence. 

James is also accused of fraud for allegedly inflating the number of livable units in a multifamily Brooklyn home to receive better interest rates. Lowell accuses Pulte of disregarding updated documentation listing the residence as a four-unit multifamily residence and instead pointing to a certificate of occupancy from 2001. 

This post appeared first on FOX NEWS

0 comment
0
FacebookTwitterPinterestEmail

previous post
Do the Rich Pay Their Fair Share of Taxes?
next post
Trump’s first vice president urges his old boss against raising taxes on wealthy Americans

Related Posts

The Techno-Industrial Policy Playbook Isn’t Conservative — It’s...

June 23, 2025

Dollar’s Decline Meets Rising Dedollarization: The Threat Comes...

June 23, 2025

The Techno-Industrial Policy Playbook Isn’t Conservative — It’s...

June 23, 2025

Dollar’s Decline Meets Rising Dedollarization: The Threat Comes...

June 23, 2025

Pro-life movement confronts high abortion rates three years...

June 23, 2025

Americans found to have increasing appetite for active...

June 23, 2025

‘Baby steps’: Leader Thune details his work to...

June 23, 2025

Russian leader claims multiple countries prepped to provide...

June 23, 2025

Sen Cotton warns Iran to seek peace, lists...

June 23, 2025

Inside the Situation Room, where Trump and his...

June 23, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • The Techno-Industrial Policy Playbook Isn’t Conservative — It’s Central Planning

    June 23, 2025
  • Dollar’s Decline Meets Rising Dedollarization: The Threat Comes from Within

    June 23, 2025
  • Industrial Automation Market to Reach USD 570.4 Billion by 2035

    June 23, 2025
  • Kontakt.io Launches Temperature Monitoring Solution for Critical Healthcare Supplies

    June 23, 2025
  • Treon expands its monitoring capabilities with the launch of Treon Connect Vehicle Monitoring

    June 23, 2025
  • The Techno-Industrial Policy Playbook Isn’t Conservative — It’s Central Planning

    June 23, 2025

Editors’ Picks

  • 1

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 2

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 5

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025
  • 6

    Elon Musk says federal employees must fill out productivity reports or resign

    February 23, 2025
  • 7

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025

Categories

  • Economy (1,581)
  • Editor's Pick (167)
  • Investing (185)
  • Stock (1,025)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Iran warns US joining conflict would mean...

June 19, 2025

White House proposal axes UN, NATO funds...

April 17, 2025

AIER’s Everyday Price Index Sees Modest May...

June 12, 2025