FBI opens formal criminal probe into New York AG Letitia James over alleged mortgage fraud

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The Federal Bureau of Investigation and US Attorney’s Office in Albany have launched a criminal investigation into mortgage fraud claims against New York Attorney General Letitia James, a source familiar with the probe told The Post.

The investigation, first reported by the Times Union, follows a federal criminal referral sent by Federal Housing Finance Agency (FHFA) Director William Pulte to the Justice Department earlier this month.
Pulte’s letter alleges James “falsified records” to obtain favorable home loans on a home she purchased in 2023 in Virginia and a Brooklyn brownstone she’s owned since 2001.

The allegations further detail James indicated the Virginia home would be her “principal residence” while acting as New York’s top cop, and that she misrepresented the number of units in her Brooklyn residence.

The FBI and James’ office declined to comment when reached by The Post.

Additional reporting by Vaughn Golden and Craig McCarthy

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