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New in the Letitia Files: Did New York AG Letitia James Commit Insurance Fraud, Too? It Looks Like It

In the Gateway Pundit, I recently documented how Letitia James misrepresented the number of apartment units in her apartment building when applying for loans and refinancing.

Letitia repeatedly told banks and the US government that her apartment building at 296 Lafayette Avenue in Brooklyn only had four apartment units, when in fact the official Certificate of Occupancy for her building indicates it had five.

Letitia James lied about her property in Brooklyn being a 4-family dwelling when she knew it was a 5-family dwelling. This helped her save money on her insurance premiums.

The significance is that Letitia qualified for lower interest residential rates with only four units, while five-apartment units are assigned higher commercial rates. In addition, James obtained a government HAMP loan that was not even vailable to borrowers with more than four units.

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