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Reading: New York AG Letitia James Pleads Not Responsible In Mortgage Fraud Case: ‘This Is Not About…’
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StockWaves > Trading > New York AG Letitia James Pleads Not Responsible In Mortgage Fraud Case: ‘This Is Not About…’
Trading

New York AG Letitia James Pleads Not Responsible In Mortgage Fraud Case: ‘This Is Not About…’

StockWaves By StockWaves Last updated: October 25, 2025 2 Min Read
New York AG Letitia James Pleads Not Responsible In Mortgage Fraud Case: ‘This Is Not About…’
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Contents
‘Weaponized’ Justice System, James SaysUncommon Prosecutorial Strikes Spark ControversyWarren, Mamdani Criticize Transfer

On Friday, New York Legal professional Basic Letitia James entered a “not responsible” plea in a federal mortgage fraud case she and critics say is politically motivated, with trial set for Jan. 26, 2026.

‘Weaponized’ Justice System, James Says

James, a longtime political opponent of President Donald Trump, addressed the press after her arraignment in U.S. District Courtroom in Norfolk, Virginia, calling the costs a part of a “justice system which has been weaponized” in opposition to her, reported CNBC.

“This isn’t about me. That is about all of us,” she stated. “There is no concern right this moment… I consider that justice will rain down like water and righteousness like a mighty stream.”

She pleaded not responsible to at least one rely every of financial institution fraud and making false statements to a monetary establishment, asserting the indictment is “baseless” and a continuation of political retaliation.

See Additionally: Trump’s Genius Act Has Modified World Financial System, Says Economist: Stablecoins Will Usher In ‘Hyperinflation’

Uncommon Prosecutorial Strikes Spark Controversy

The indictment has drawn scrutiny for the way it was offered. Interim U.S. Legal professional Lindsey Halligan, previously certainly one of Trump’s private attorneys, personally introduced proof to a grand jury—a job often reserved for assistant U.S. attorneys, the report stated.

James’ authorized group has filed a movement looking for dismissal, arguing that Halligan lacked correct authority to deliver the case.

Halligan was put in following the resignation of her predecessor, Erik Siebert, who reportedly resisted pursuing circumstances in opposition to Trump’s political opponents, together with James and former FBI Director James Comey.

Warren, Mamdani Criticize Transfer

Critics, together with Sen. Elizabeth Warren (D-Mass.), NYC Mayoral candidate Zohran Mamdani, and the Democracy Defenders Fund, have decried the indictment as politically motivated, evaluating it to authoritarian practices.

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Disclaimer: This content material was partially produced with the assistance of AI instruments and was reviewed and revealed by Benzinga editors.

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