Filmmaker Exposes Letita James’ Decades-Long Mortgage Fraud Schemes [WATCH]

New York Attorney General Letitia James is facing growing scrutiny following new allegations that she engaged in a decades-long pattern of mortgage fraud, according to evidence presented by conservative filmmaker and journalist Joel Gilbert.

The claims surfaced this week after Gilbert detailed what he described as a consistent history of falsified mortgage applications and misrepresentations spanning more than 40 years.

Speaking on Real America’s Voice, Gilbert said his investigation uncovered extensive public records showing that James repeatedly misrepresented property information to obtain favorable mortgage terms.

“Letitia James probably should not have been charging Donald Trump with trumped-up charges of mortgage fraud in New York, given the fact that New York is a public record state and that all of her mortgages for 43 years were online for myself or anybody else to pull up,” Gilbert said.

Gilbert began his investigation by examining property records dating back to 1983. He claimed James’s first known case of mortgage irregularity occurred when she was 24 years old.

“She purchased her first home with her father, claiming that her father was her husband,” Gilbert said.

“They purchased it as husband and wife in order to help Letitia qualify for a mortgage that she was not entitled to.”

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He said that pattern allegedly continued with a four-story, five-unit building James purchased in Brooklyn years later.

“She bought a four-story, five-unit apartment building, and for 24 years she told the banks it was either four units or one unit, even though the certificate of occupancy for the building said it was five units,” Gilbert explained.

He added that “if you have four units or less, you get a residential mortgage rate, which is lower. You also get almost no closing costs. Five units or higher, like Letitia had, you get high interest rates and very high closing costs.”

Gilbert also said James failed to comply with rent stabilization requirements.

“She also didn’t register for rent stabilization, which she was supposed to do every year,” he said.

“Her building is a crime scene, and she defrauded and scammed banks for 24 years” to obtain benefits “she wasn’t entitled to.”

The filmmaker then outlined what he described as similar irregularities involving three properties in Virginia.

“Every one of those three homes, there’s mortgage fraud,” Gilbert alleged.

“She buys a foreclosure with her aunt, and then she doesn’t appear on the deed, which is illegal.”

One of those Virginia properties, located on Sterling Avenue in Norfolk, drew particular attention.

“She explicitly says, ‘I bought this for my niece’s children,’ to make us think that, oh, she’s trying to help little kids,” Gilbert said.

“Well, her niece’s two children are adult convicted felons. One of them is an absconder from justice with an arrest warrant out of North Carolina. So Letitia bought the property specifically to harbor a fugitive.”

Gilbert also accused James of falsifying information about her primary residence status to secure better loan conditions.

“My colleague Sam Antar pointed out that Letitia claimed that would be her primary residence. It was actually rejected by the bank nine times. The tenth time, Letitia says, ‘That’s gonna be my primary residence.’ It gets approved, and that was illegal ‘cause she got the mortgage and lower interest rates because she’d be the primary resident,” he said.

Gilbert asserted that one of the Virginia properties has already drawn legal attention. He said James allegedly rented out a home despite signing a mortgage agreement requiring her to occupy it or treat it as a second residence.

He noted that such a violation could constitute bank fraud carrying penalties of up to 30 years in prison under federal law.

According to Gilbert, James’s alleged pattern of mortgage misrepresentation and falsification continued as recently as 2021.

He suggested that further investigation could reveal additional violations, calling the current findings “the beginning of a much larger case.”

“Letitia James has repeatedly gamed the system, defrauded banks, and misrepresented herself on property transactions for decades,” Gilbert concluded.

“All while pursuing politically motivated cases against others.”

WATCH:

JOEL GILBERT: Letitia James launched bogus mortgage fraud charges at Trump, but her own record shows decades of alleged fraud:

Misrepresenting multi-unit buildings, dodging rent registration, hiding property deed info, and falsely claiming primary residences to get the lowest… pic.twitter.com/doK3VLUHE9

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