Financial expert Sam Antar steps forward with more allegations regarding New York Attorney General Letitia James' property documentation.
According to Newsweek, Antar released new documents this week on his White Collar Fraud blog supporting claims that James incorrectly represented the number of units in her Brooklyn property on mortgage documents.
The allegations center around a 2001 certificate of occupancy from the New York City Department of Buildings, which indicates the Brooklyn building contained five family dwellings. However, multiple mortgage documents from recent years show James consistently listed the property as having four units or being a "1 or 2 family residence."
Antar's investigation revealed ten separate mortgage documents where the building was never classified as a five-unit property.
The 2001 certificate specified dwelling units distributed across multiple floors - one in the basement, one on the first floor, one on the second floor, and two on the third floor.
The former accountant also points to utility records suggesting six electric service designations at the property, potentially indicating five residential units plus a common area. He emphasizes that the original 2001 certificate remains legally binding since no formal amendments have been filed.
James has maintained her innocence throughout the investigation. She firmly denies any wrongdoing and characterizes the accusations as retaliation for her successful civil case against President Donald Trump.
Kyle Welch, who specializes in financial fraud at George Washington University's School of Business, highlighted the ironic parallel between James' current situation and her case against Trump. Former federal prosecutor Neama Rahmani explained the serious implications of the allegations.
James addressed the controversy in a recent statement to Spectrum News:
Let me just say to all New Yorkers and all Americans: the allegations are baseless. The allegations are nothing more than a revenge tour, and as you mentioned, my office was successful in securing a $454 million judgment against Donald Trump and others for exaggerating the value of his assets. He engaged in a pattern and practice of fraud, and the interest is accruing each and every day whilst the case is on appeal in the first department.
The case has caught the attention of federal authorities, with the Federal Housing Finance Agency referring James to U.S. Attorney General Pam Bondi for prosecution. The scope and timeline of any potential criminal investigation remain unclear.
The investigation has also raised questions about James' property in Virginia, which she allegedly claimed as her primary residence to secure better mortgage terms. This claim compounds the scrutiny she faces over the Brooklyn property documentation.
Sam Antar, a convicted former accountant turned forensic investigator, continues to release documentation suggesting discrepancies in New York Attorney General Letitia James' property records.
The investigation focuses on a Brooklyn building where official records from 2001 indicate five residential units, while subsequent mortgage documents show different unit counts. The Federal Housing Finance Agency has escalated the matter to U.S. Attorney General Pam Bondi, setting the stage for potential federal prosecution pending further investigation.
