Author Topic: If This Is What It Looks Like, NY AG Letitia James Is In a World of Trouble  (Read 1030 times)

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Online rangerrebew

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If This Is What It Looks Like, NY AG Letitia James Is In a World of Trouble
Athena Thorne  | 1:23 PM on April 11, 2025
   
 
Letitia James famously campaigned for the office of New York Attorney General on a platform of sticking it to Orange Man Bad. New York being what it is these days, the TDS attack dog won the election and became the Historic™ first black female NY AG, if you care about such things. And now, it looks like she may also have the distinction of becoming the first black female NY AG to earn herself fraud charges.
 

As you may recall, James filed a civil lawsuit against Donald Trump in 2023, when he was between presidencies. She accused Trump and his family business of engaging in financial fraud to secure favorable loans and insurance terms. She claimed they did this by inflating the value of their real estate assets (as if lending institutions don't send their own assessors to check on the collateral before handing out massive loans, but I digress). James won a ludicrous ruling against Trump to the tune of approximately $455 million.

This judgment is currently under appeal and widely expected to be overturned by the court. But wouldn't it be funny if Tish James were the one who committed real estate fraud to obtain better loan terms?

A word about my source for what you are about to read: Sam E. Antar was one of the biggest fraudsters of the 1980s. In his role as CFO of the ubiquitous Brooklyn, N.Y.-based electronics chain Crazy Eddie, Antar was convicted of multiple federal fraud-based felonies in 1991, although he scored a plea deal that kept him out of prison.

Antar now describes himself as "a former certified public accountant whose career trajectory took a remarkable turn from perpetrator to investigator of financial fraud." According to his website, White Collar Fraud, "Following his criminal conviction, Antar redirected his expertise toward forensic accounting, leveraging his firsthand knowledge of financial fraud to help combat white-collar crime."

https://pjmedia.com/athena-thorne/2025/04/11/if-this-is-what-it-looks-like-nyag-letitia-james-is-in-a-world-of-trouble-n4938806
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Offline Kamaji

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Contrary to Trump, who didn’t actually commit financial fraud, although he did technically violate the statute, Ms. James has actually committed financial fraud, because she in fact obtained more favorable loan terms by falsely claiming that she would use the VA house as her principal residence.
« Last Edit: April 12, 2025, 12:52:23 pm by Kamaji »

Offline IsailedawayfromFR

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Penalties should be even harsher for a prosecutor who knows she committed a criminal act
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Offline Smokin Joe

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Nothing quite has the optics of someone whose supposed raison d'etre is upholding the law, showing complete contempt for that law.

Throw the book at her.
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Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

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Online bigheadfred

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They need to give it  to her good and hard.
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Offline Kamaji

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Penalties should be even harsher for a prosecutor who knows she committed a criminal act

Yes.  She’s a lawyer, so she can’t claim she didn’t know what she was signing.

Offline IsailedawayfromFR

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Yes.  She’s a lawyer, so she can’t claim she didn’t know what she was signing.
It's more than that.

Her job is to prosecute those who act similarly.
“You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.” Thomas Sowell

Offline Kamaji

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It's more than that.

Her job is to prosecute those who act similarly.

Maybe so, but what matters is that she cannot claim she didn’t know what she was signing.  That is what makes state of mind impossible to deny.

Offline ScottinVA

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Black female.  Sorry, folks… she’s untouchable.