An investigation into Letitia James’ finances has raised questions about inconsistencies in her property portfolio, according to a recent analysis by White Collar Fraud. A Virginia property she lists at under $150,000 has mortgage debt surpassing $400,000, an unusually high loan-to-value ratio. The property, marked as an investment, showed no income in her latest disclosures.
In Brooklyn, a property of James’ faced a similar discrepancy. While her disclosure valued it between $3.25M and $3.5M, New York City assessed it at under $1M. Three layered mortgages totaling up to $1.1M complicate the issue further.
These irregularities echo opacity seen in her campaign finances. Critics argue that, as a top prosecutor enforcing financial transparency, James owes the public clearer explanations or disclosures.
FingerLakes1.com is the region’s leading all-digital news publication. The company was founded in 1998 and has been keeping residents informed for more than two decades. Have a lead? Send it to [email protected].