The minute details of the Letitia James indictment are going to make our heads hurt. And trust me, they are minute. Still, the overarching storyline is easy: New York’s attorney general has been charged with doing pretty much what she sued Donald Trump for doing. She tried to bankrupt him and destroy his family business over making financial misrepresentations, and now she’s accused of doing the same thing.
If the allegations in the indictment are accurate, she will be forced to counter that: The misstatements are trivial, her lenders knew exactly who she was, the prosecution’s claim that they’d have charged her a higher interest rate if she’d been more accurate in the paperwork is complete speculation, she paid her bills on time, and her bank made money off the transaction — i.e., this is a fraud case with no fraud victims.
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