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Did Letitia James Commit Federal Fraud to Get a Lower Interest Rate?

by Steven Ahle
April 17, 2025
in Fraud, Goofy Politicians, Lawfare, Opinion, Politics
2
Did Letitia James Commit Federal Fraud to Get a Lower Interest Rate?

SOURCE: bsky.com screenshot.

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It looks like the floodgates have opened on New York AG Letitia James—and the timing couldn’t be worse for her. One bombshell after another is hitting the public eye, but this latest revelation might just be her downfall… and Trump’s lucky break.

Just weeks before launching her politically charged trial against Donald Trump over so-called mortgage fraud, Letitia James was allegedly committing actual mortgage fraud herself—this time in Virginia. According to reports, James and a female relative, Shamice Thompson-Hairston, bought a home in Norfolk, Virginia. And here’s the kicker: James granted Thompson-Hairston a limited Power of Attorney tied to the purchase.

So while she was accusing Trump of fraud, she was allegedly playing games with legal documents in a completely different state. The hypocrisy writes itself.

It gets worse for Letitia James.

When she and her relative bought that home in Norfolk, Virginia, they secured a lower mortgage interest rate by claiming it would be their primary residence, not an investment property. That lower rate, typically a half to three-quarters of a percent less, comes with clear strings attached: the buyers must move in within 60 days and live there for at least one year.

James didn’t just imply she would; she put it in writing. She signed a legal declaration stating:

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“I HEREBY DECLARE that I intend to occupy this property as my principal residence.”

So while she was dragging Trump into court for alleged mortgage fraud, she was signing paperwork that—if false—is mortgage fraud.

Letitia James may have just handed Trump the best legal gift of the year.

From The Gateway Pundit

Those words appear in black and white in a Specific Power of Attorney, signed by James and filed in Norfolk on August 17, 2023, authorizing her relative Shamice Thompson-Hairston to act on her behalf in a transaction that included the declaration. They were not written by a lawyer acting on James’ behalf. They were her words. Her intent. Her signature.

This signed power of attorney is a smoking gun on its own, completely separate from how the mortgage might be interpreted. It stands as a clear declaration of intent from a sitting New York Attorney General to establish principal residency in another state.

While joint ownership arrangements sometimes involve owners with different primary residences, this case is different. The declaration in the power of attorney specifically states James’s intention to make the property her principal residence, and the mortgage requires both borrowers to establish residency. This raises questions about whether such a declaration was made primarily to secure preferential mortgage terms.

Here’s what it all boils down to: Letitia James is in serious legal jeopardy—no matter how you slice it.

If she truly intended to make the Virginia home her primary residence, she may have disqualified herself from holding office in New York, which requires candidates to have been state residents for at least five years prior to election and to maintain continuous residency thereafter.

But if she never intended to live in the Norfolk property—despite signing a document explicitly stating otherwise—then we’re looking at a clear-cut case of mortgage fraud under federal law.

Either way, she’s cornered.

This could not only jeopardize her re-election bid in 2026 but may also trigger criminal or ethical investigations that threaten her entire career.

Letitia James didn’t just sign a piece of paper—she may have just signed her own political death warrant.

More From The Gateway Pundit

This isn’t simply a matter of having multiple homes. New York Public Officers Law § 3(1) is unambiguous: “No person shall be capable of holding a civil office who shall not… have resided in this state” for the required period. The State Constitution Article XIII, Section 13(a) specifically requires the Attorney General to be “a resident of the state for five years immediately preceding election.”

Furthermore, Public Officers Law § 30(1)(d) mandates that an office becomes vacant when the officeholder ceases “to be an inhabitant of the state.”

The consequences under New York law are immediate and severe: when an officeholder moves outside the required jurisdiction, they can no longer legally hold their position.

If James declared Virginia as her principal residence—which the power of attorney clearly shows was her intention—she may have triggered an automatic vacancy in the office of Attorney General under New York law—potentially invalidating her authority during the very period she was prosecuting her highest-profile case.

#letitiajames #mortgagefraud #trumpvindicated

Tags: Letitia James 2026 reelectionLetitia James legal jeopardyLetitia James mortgage scandalLetitia James power of attorneyLetitia James residency fraudLetitia James Virginia propertyNew York Attorney General disqualifiedNew York residency lawShamice Thompson-HairstonTrump mortgage trial
Steven Ahle

Steven Ahle

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Comments 2

  1. John says:
    2 months ago

    Nothing will ever come of this. It will be swept under the rug just like Hillery’s wrong doings.

    Reply
    • Steven Ahle says:
      2 months ago

      Hillary faced a DEemocratically controloled goverment. James is facing Trump’s wrath.

      Reply

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