In case you missed it, New York Attorney General Letitia James has indeed been formally indicted for mortgage fraud.

Trust me, President Trump’s supporters did not miss it – nor did they miss the opportunity to point out the hypocrisy of Letitia James by bringing up her old tweets regarding Trump.

“Roses are red. Violets are blue. No one is above the law. Even when you think the rules don’t apply to you. Happy Valentine’s Day!” James posted on X in February 2024, days before Trump was barred from operating his business in New York for three years and was found liable for more than $350 million in damages in the civil fraud case brought against him, his family and the Trump Organization by James.

New York Democrats began to circle the wagons around Letitia James, claiming that this was a revenge case.

“This is a blatant miscarriage of justice. This is a shameless act of political retribution,” (Zohran) Mamdani seethed about the federal charges of bank fraud and making a false statement to a financial institution unveiled Thursday against James.

Attorney General Tish James has spent her career holding power accountable and delivering for New York families.

Now Donald Trump is weaponizing the justice system for his own political games.

It’s an attack on our state and our freedoms. New York will not back down.

— Kathy Hochul (@KathyHochul) October 10, 2025

Except that those same New York Democrats said nothing when Letitia James vowed that she would go after Donald Trump, and are standing by her as she complains that Trump is targeting her – oh, and her investigation of him was never politically motivated.

Yeah, that’s not what she said when she ran for Attorney General.

She was not subtle about this. You can denounce the prosecution of James or you can defend her pursuit of Trump, but you cannot do both. https://t.co/SkxYNLXTXt

— Dan McLaughlin (@baseballcrank) October 10, 2025

And the case against James definitely has legs – and her ethics forms may undermine her argument that this was all just a filing error that happened when she bought the property.

Indicted New York Attorney General Letitia James repeatedly listed her Virginia home as an “investment” property in financial disclosure forms – despite allegedly making false claims to a bank to obtain a favorable loan that barred her from using the house as a rental.

The three bedroom Norfolk, Va., home James purchased in August of 2020 – named in Thursday’s federal grand jury indictment – is listed in the “real estate” section of James’ 2020, 2021, 2022 and 2023 disclosures to the New York State Commission on Ethics and Lobbying in Government as an “investment,” valued at between “$100,000 to under $150,000.”

However, in her 2024 ethics filing, James designated the Norfolk home as “real property,” rather than an “investment.”

The AG also upped the estimated value of the single-family home to “$150,000 to under $250,000.”

Federal prosecutors allege that James misrepresented how she would use the property when she obtained a $109,600 mortgage loan – originated by OVM Financial and backed by Fannie Mae – to purchase the $137,000 home in 2020.

James agreed to a “Second Home Rider” when she took out the loan, according to the indictment, which required the attorney general to “occupy and use the property as her secondary residence, and prohibited its use as a timesharing or other shared ownership arrangement or agreement that requires her either to rent the property or give any other person any control over the occupancy or use of the property.”

“Despite these representations,” prosecutors wrote, the Norfolk property “was not occupied or used by James as a secondary residence and was instead used as a rental investment property.”

The “misrepresentation” allowed James to obtain a mortgage rate that would not have been available had she informed the lender that she planned to rent the home out, according to the DOJ.

James further misrepresented her intended use of the property on a homeowners’ insurance application, which indicated the house would be “owner occupied.”

On her federal tax forms, however, James treated the Norfolk home as “rental real estate,” reporting “thousand(s) of dollars in rents received” and “claiming deductions for expenses relating to the property,” according to the indictment.

Well, that will certainly make things interesting when the case goes to trial. James is supposed to be in court in Virginia on October 24th, and her legal team will be headlined by a very familiar name.

New York Attorney General Letitia James’ defense attorney against mortgage fraud allegations is high-profile DC lawyer Abbe Lowell — known for repping other prominent Democrats including Hunter Biden.

Lowell, a go-to attorney for leading Dems in legal trouble, issued a statement defending the Empire State’s top lawyer against the accusations, saying she “flatly and forcefully denies these charges.”

Do Democrats just have Abbe Lowell on speed dial? I’m still curious if he ever got paid for any of Hunter Biden’s legal cases. But this is apparently how Lowell pays his bills. And speaking of the bills, Letitia James would be allowed to make the taxpayers of New York foot her legal bills, thanks to the law that Kathy Hochul rammed through the state legislature. However, she apparently will not be doing that.

New York Attorney General Letitia James could soak taxpayers for millions of dollars in legal bills as she fights her new federal indictment — but she says she won’t be tapping into the $10 million state legal defense slush fund set up for that purpose.

Instead, she’s turning to the national Democratic Attorneys General Association to cover her legal defense bills against the bombshell mortgage fraud charges filed against her Thursday – which could run in the millions, according to experts.

A spokesperson for James’ office told The Post Friday that she would not be tapping into the state fund to pay for her defense, after initially saying she would use it.

The state comptroller’s office confirmed that none of the $10 million in the stash has been drawn.

DAGA, a well-funded Dem AG’s group, announced the creation of its legal defense fund late last month that James and other officials could dip into.

It remains unclear as to who is funding the effort and how much it has in the bank for James at this point.

The website for people to donate to the DAGA legal defense fund seems to imply that it will not be a separate entity from the organization.

“Contributions will be used at DAGA’s sole discretion to support its programs and activities. DAGA may use all or part of a contributor’s funds, and disclose them as necessary, in states of its choosing,” a blurb on the donation page reads.

“Contributions to DAGA Legal Defense Fund will be used at the sole discretion of DAGA to support programs and activities related to legal efforts that promote democracy.”

If the fund is effectively handled in-house, it means DAGA could lump the legal defense donors in with the hundreds of thousands of dollars of contributions it already gets from hundreds of businesses and other individuals on public filings.

Interestingly, AOC was trying to fundraise for James’s legal defense fund – except she was sending people to an ActBlue fundraising platform, so who knows where that money is going.

Letitia James could successfully prevail in her defense, says law professor Jonathan Turley – but she and Abbe Lowell may try to do this on a technicality, not by arguing the evidence at hand.

Turley suggested that moving forward, James may claim to be the target of “vindictive prosecution” and “selective prosecution.” He said Trump’s social media posts urging the DOJ to take action will likely be a central piece of evidence in their defense.

Turley also noted he believes the odds will favor James. He said her legal team is likely to challenge the appointment of the acting U.S. attorney who signed off on the charges.

“James is likely to say that the acting U.S. attorney who signed off on these charges was not appropriately appointed and therefore should not have held that office,” Turley explained.

“If that is the case, then the indictment would go down.”

The acting U.S. attorney in this case would be Lindsey Halligan, who also has the Comey indictment on her plate. Abbe Lowell is no dummy – this could be the way he chooses to get rid of the case. We shall have to see how things develop once Letitia James appears in court later this month.

Featured photo: Letitia James 2023 campaign for Attorney General via Flickr, cropped and modified, CC BY 2.0