Is that a joke? Because it certainly is NOT a "crime." If I hire an appraiser who says my amazing house is worth $800,000, and therefore I want to take out a home equity loan on that amount, the bank is forced to accept it? No. They conduct their own appraisals 10,000 times every day to mitigate their own risk. As do insurers. As does the IRS and NYS Dept of Finance - after taxpayers UNDERstate the value of their property to try asnd reduce tax liabilities. NONE of this is "fraud". It is how the game is played, Democrat politicians with real estate holdings, and I bet even Letitia James has family members who have done the same.
She acts like a person who ahs never, ever, owned a piece of dirt in her entire sorry life....................