Letitia James is cooked

She’s been exposed again for mortgage fraud with Citizens Bank in 2021, after allegedly misrepresenting her 5-unit Brooklyn building as a single-family home to secure a $200K credit line.

This allowed her to avoid higher commercial loan costs and interest rates.

Under NY Penal Law §187.20, loan fraud over $50K is Second-Degree Mortgage Fraud, a Class C felony carrying up to 15 years in prison.
Letitia James is cooked She’s been exposed again for mortgage fraud with Citizens Bank in 2021, after allegedly misrepresenting her 5-unit Brooklyn building as a single-family home to secure a $200K credit line. This allowed her to avoid higher commercial loan costs and interest rates. Under NY Penal Law §187.20, loan fraud over $50K is Second-Degree Mortgage Fraud, a Class C felony carrying up to 15 years in prison.
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