U.S. Attorney Lindsey Halligan for the Eastern District of Virginia said a federal grand jury has indicted New York Attorney General Letitia James on bank fraud (18 U.S.C. §1344) and false-statement (18 U.S.C. §1014) charges, calling the alleged conduct a serious breach of public trust. If convicted, Ms. James faces up to 30 years in prison per count, fines of up to $1 million per count, and forfeiture; actual sentences typically fall below statutory maximums and will be set by a federal judge under the U.S. Sentencing Guidelines.
New York State Attorney General Letitia James Indicted
Lindsey Halligan, U.S. Attorney for the Eastern District of Virginia, announced today that a federal grand jury returned an indictment charging New York State Attorney General Letitia James with Bank Fraud under 18 U.S.C. Section 1344 and False Statements to a Financial Institution under 18 U.S.C. Section 1014.
“No one is above the law. The charges as alleged in this case represent intentional, criminal acts and tremendous breaches of the public’s trust,” said U.S. Attorney Halligan. “The facts and the law in this case are clear, and we will continue following them to ensure that justice is served.”
If convicted, Letitia James faces penalties including up to 30 years in prison per count, up to a $1 million fine on each count, and forfeiture. Actual sentences for federal crimes are typically less than the maximum penalties. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.
An indictment is merely an accusation. The defendant is presumed innocent until proven guilty.
October 9, 2025Share 
For Immediate Release
U.S. Attorney’s Office, Eastern District of Virginia
ALEXANDRIA, Va
Contact: Press Officer
USAVAE.Press@usdoj.gov
Updated October 9, 2025
Sources: Justice.gov , Big New York news BigNY.com
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