Karma is a real you-know-what; just when you think you’ve gotten clear of it, it comes around and bites you right on your fourth point of contact.
Case in point: New York’s own Attorney General, Letitia James, and the unfolding saga of what looks a lot like mortgage fraud, according to an investigation by independent journalists, White Collar Fraud. Oh, the irony!
New York Attorney General Letitia James didn’t just misclassify her five-unit Brooklyn brownstone as a “4-family dwelling” on mortgage documents. As we’ve previously reported, this distinction is not trivial—properties with five or more units are considered commercial and subject to stricter lending rules. But our latest investigation reveals something even more troubling: on multiple occasions, James described the property as a “1-family,” “1–2 family,” or even “1–3…
