New York Attorney General Letitia James appeared in federal court in Norfolk, Virginia to plead not guilty to bank fraud charges.
The indictment accuses James of misrepresenting a house she bought in Norfolk in 2020 to get a mortgage with better terms. Prosecutors allege she claimed it as a second home, which qualified her for a lower interest rate and larger seller credit, but instead rented it to a family member, violating the mortgage agreement.
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