{"id":1581821,"date":"2024-03-29T21:51:16","date_gmt":"2024-03-29T21:51:16","guid":{"rendered":"https:\/\/www.factcheck.org\/?p=250432"},"modified":"2024-03-29T21:51:16","modified_gmt":"2024-03-29T21:51:16","slug":"social-media-posts-inflate-net-worth-of-n-y-attorney-general","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2024\/03\/29\/social-media-posts-inflate-net-worth-of-n-y-attorney-general\/","title":{"rendered":"Social Media Posts Inflate Net Worth of N.Y. Attorney General"},"content":{"rendered":"\"\"\n

Para leer en espa\u00f1ol, vea esta traducci\u00f3n<\/a> de Google Translate.<\/em><\/p>\n\n\n\n

Quick Take<\/h2>\n\n\n\n

New York Attorney General Letitia James, who won a civil fraud case against former President Donald Trump, has a net worth of about $2.7 million, her most recent financial disclosure statement shows. But social media posts baselessly claim she’s worth $15 million. The claim appears to come from a website that says it “cannot guarantee its accuracy.”<\/p>\n\n\n\n


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Full Story<\/h2>\n\n\n\n

Letitia James, New York state’s attorney general, has a personal net worth of about $2.7 million, according to her most recent financial disclosure statement<\/a>, an accounting required <\/a>of all state officers and employees whose annual salary exceeds $108,638.<\/p>\n\n\n\n

But some partisan social media accounts claim<\/a> she has a personal net worth of $15 million, which they suggest may indicate that she is guilty of “fraud.” <\/p>\n\n\n\n

In February, James won a judgment of more than $450 million<\/a> in a civil fraud case she had brought against former President Donald Trump and his organization.<\/p>\n\n\n\n

“URGENT! Letitia James should be investigated for fraud immediately,” Terrence K. Williams, a conservative comedian we’ve<\/a> written<\/a> about<\/a> before<\/a>, said in a March 26 post on Facebook<\/a>. “Her Net Worth Jumped from a 100k to 15 Million in 2023.”<\/p>\n\n\n\n

Williams didn’t offer any support for his claim about James’ finances. But a website called the Net Worth Club posted a story<\/a> in October with the headline, “Letitia James Real Estate Deals and $15 Million Wealth.” The story doesn’t cite the sources of its information, and a disclaimer at the bottom of the page says, in part, “We do our best to ensure that the information is accurate and up-to-date, but we cannot guarantee its accuracy or completeness.”<\/p>\n\n\n\n

The website is registered<\/a> to an owner in India, who did not respond to our email seeking details on the sources for the story, so we don’t know how it arrived at the $15 million figure.<\/p>\n\n\n\n

But, as we said, according to the financial disclosure James filed with the state for her 2022 finances, her personal worth was about $2.7 million.<\/p>\n\n\n\n

The disclosure form, which asks elected officials to give ranges for the worth of their assets and debts, shows that James earns between $175,000 and $320,000 a year. That includes income from her position as attorney general, her salary as an adjunct professor and income from rental properties.<\/p>\n\n\n\n

The value of her real estate — which includes a Brooklyn building that has four rental units and a single family home in Virginia that is described as an investment property — is between $3.4 million and $3.7 million.<\/p>\n\n\n\n

And James listed her debts, which appear to be mortgages, as being between $850,000 and $1.3 million.<\/p>\n\n\n\n

We also found no support for Williams\u2019 claim that the attorney general\u2019s net worth in 2023 “jumped from $100k,” suggesting that James has profited from her office as the state\u2019s top law enforcement official. Since James was elected<\/a> in 2018, her<\/a> financial<\/a> disclosures<\/a> indicate<\/a> that she had had a personal net worth of about $2 million each year.<\/p>\n\n\n\n

We emailed James’ office asking if there were any assets she had acquired since her last financial disclosure that may have added to her total net worth, but we didn’t get a response. Her disclosure form for 2023 is due on May 15<\/a>.<\/p>\n\n\n\n


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Editor\u2019s note: <\/em>FactCheck.org<\/a><\/em> is one of several organizations <\/em>working with Facebook<\/a><\/em> to debunk misinformation shared on social media. Our previous stories can be found <\/em>here<\/a><\/em>. Facebook has <\/em>no control<\/a><\/em> over our editorial content.<\/em><\/p>\n\n\n\n

Sources<\/h2>\n\n\n\n

James, Letitia. Financial Disclosure Statement – 2022<\/a>. 12 May 2023.<\/p>\n\n\n\n

New York State Attorney General. Press release. “Attorney General James Wins Landmark Victory in Case Against Donald Trump<\/a>.” 16 Feb 2024.<\/p>\n\n\n\n

Farley, Robert. “Trump Retweets False Attack on Rep. Omar<\/a>.” FactCheck.org. 18 Sep 2019.<\/p>\n\n\n\n

Zinsner, Hadleigh. “Viral Post Uses Altered Audio of Interview with Greta Thunberg<\/a>.” FactCheck.org. 26 Oct 2023.<\/p>\n\n\n\n

Jaffe, Alan. “Romney Not Switching Parties, Contrary to Online Claim<\/a>.” FactCheck.org. 2 Aug 2023.<\/p>\n\n\n\n

Hale Spencer, Saranac. “Bogus Theory Misinterprets FTX Support for Ukraine<\/a>.” FactCheck.org. Updated 13 Dec 2022.<\/p>\n\n\n\n

Internet Corporation for Assigned Names and Numbers. Domain information: CACLUBINDIA.COM<\/a>. Accessed 29 Mar 2024.<\/p>\n

The post Social Media Posts Inflate Net Worth of N.Y. Attorney General<\/a> appeared first on FactCheck.org<\/a>.<\/p>\n\n

This post was originally published on FactCheck.org<\/a>. <\/p>","protected":false},"excerpt":{"rendered":"

\"\"New York Attorney General Letitia James, who won a civil fraud case against former President Donald Trump,\u00a0has a net worth of about $2.7 million,\u00a0her most recent financial disclosure statement shows. But social media posts\u00a0baselessly claim she’s worth $15 million.\u00a0The claim appears\u00a0to come from a website that says it “cannot guarantee its accuracy.”<\/p>\n

The post Social Media Posts Inflate Net Worth of N.Y. Attorney General<\/a> appeared first on FactCheck.org<\/a>.<\/p>\n","protected":false},"author":1373,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50596,3505],"tags":[],"_links":{"self":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/1581821"}],"collection":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/users\/1373"}],"replies":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/comments?post=1581821"}],"version-history":[{"count":3,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/1581821\/revisions"}],"predecessor-version":[{"id":1593343,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/1581821\/revisions\/1593343"}],"wp:attachment":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/media?parent=1581821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/categories?post=1581821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/tags?post=1581821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}