New York Attorney General Letitia James Indicted on Federal Bank Fraud Charges. New York Attorney General Letitia James has been indicted on federal bank fraud charges by a grand jury in the Eastern District of Virginia. Prosecutors allege that James misrepresented a mortgage loan for a home in Norfolk, Virginia, claiming it as a secondary residence while allegedly using it as a rental property. These actions, according to the indictment, allowed her to secure better loan terms. James, who previously led a high-profile civil fraud case against Donald Trump, says the charges are politically motivated, accusing the president of weaponizing federal agencies against her. Federal prosecutor Lindsey Halligan said the case shows "no one is above the law". If convicted, James could face up to 30 years in prison and a $1 million fine per count. Her first court appearance is scheduled for October 24. The indictment comes amid growing political tension, as Trump has publicly urged the Justice Department to pursue cases against several of his critics — including James. [Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT]