Letitia James faces criminal referral by Trump administration for alleged mortgage fraud

[TCC]

MSN

The Federal Housing Finance Agency has referred New York Attorney General Letitia James to the Justice Department for alleged mortgage fraud.

FHFA Director William Pulte sent a letter to Attorney General Pam Bondi and Deputy Attorney General Todd Blanche alleging that James "falsified" records to secure home loans for a Norfolk, Virginia, property that she said was her "principal residence" while she was a New York prosecutor.

 

[Hol]

Breaking: Appeals Court Tosses Massive Civil Fraud Penalty Against President Trump​

A New York appeals court has thrown out the massive half-billion-dollar civil fraud penalty imposed on President Trump, his sons, and their business interests. The ruling by a five-judge panel of the Appellate Division ruled that the $355 million fine, which, with interest, now exceeds $527 million, was unconstitutionally excessive.

…

This case was part of the lawfare campaign conducted against President Trump in the aftermath of his controversial 2020 defeat for a second term. The essence of the case was that Trump and his sons had massively inflated their wealth on loan applications. As was pointed out at trial, not only were the financial statements accompanied by a disclaimer stating they were not audited, but the statements were also independently investigated by the banks and insurance companies involved, and the loans were repaid in full. In short, Trump was convicted of fraud for applying for, receiving, and repaying a loan from willing business partners.

Breaking: Appeals Court Tosses Massive Civil Fraud Penalty Against President Trump

New York appeals court dismisses massive civil fraud penalty against President Trump.

redstate.com

 

[Tall Timbers]

I think they had continued to hold the bond, which was a massive amount. Hopefully Trump will receive that back with interest.

Justice sure moves slowly in the USA, but it's nice when it actually does move.