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As you’ve probably heard by now, Trump-hating New York AG Letitia James is in some serious hot water over possible mortgage fraud. Karma has a funny way of showing up right on time, doesn’t it?
And nobody is happier than Roger Stone…
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The allegation is that a 24-year-old Letitia James committed mortgage fraud involving her father.
Letitia James committed mortgage fraud when she falsely claimed her father, Robert James, was her husband when applying for a loan at age 24. Did she marry her father? It is illegal to misrepresent a relationship in order to qualify for a loan. No one is above the law!
https://twitter.com/JoelSGilbert/status/1908699431899476408
Here’s a closeup of the form:
And that’s not all…
Letitia James committed mortgage fraud when she falsely claimed financial hardship to get a 2.7% government HAMP refinance loan in 2011. She was making around $ 176,000 per year from NYC city council and from renting her apartments at the time ($ 14,600 per month).
https://twitter.com/JoelSGilbert/status/1908698265245360384
Here’s a closeup of the form:
But is Letitia the only DC swamp creature dabbling in mortgage fraud? Doubtful. One curious name now surfacing in the scandal chatter is none other than RINO Senator Thom Tillis.
At this point, even Roger Stone is convinced Tillis and Ms. James might just wind up as cellmates in a cozy little DC prison.
What do New York's corrupt Attorney General Letitia James and North Carolina US Senator Thom Tillis have common?
Answer : they're both going to prison for mortgage fraud https://t.co/CIXNOo6OJX— Roger Stone (@RogerJStoneJr) May 8, 2025
The story Roger is referring to is bizarre and involves Thom Tillis and his brother , who, oddly enough, share the same name, including the same middle initial. An independent journalist covering the story was initially tripped up by that strange fact and admits he misreported some key details. But as he worked to correct the record, he uncovered even more questionable financial dealings tied to the “real” Thom Tillis.
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But be warned, these allegations should be taken with several grains of salt.
Here’s the story:
This is a corrected and expanded version of an article originally published at 1:08 PM on May 7, 2025. It includes critical factual updates and new findings resulting from an ongoing investigation. I am being fully transparent about an error I made at the outset of the investigation, how that error occurred, and how correcting it led to the discovery of something even more significant..
Building a Real Estate Empire, One Undisclosed Deed at a Time
The initial confusion was driven by a seemingly impossible coincidence: Senator Thom R. Tillis has a brother—also named Thom R. Tillis. That detail, obscured in legal and corporate filings, made it appear that the Senator himself had engaged in a self-dealing real estate transaction. I originally believed the Senator had acquired 5508 Enslow Place through an LLC via $0 quitclaim deed and later sold it for profit without reporting the transaction in mandatory senate financial disclosures.
That turned out to be incorrect. But rather than invalidate the story, correcting it uncovered something even more bizarre—and far more troubling.Senator Thomas Roland Tillis, a senior Republican from North Carolina and sitting member of powerful Senate committees on Banking, Finance, and the Judiciary, is tied to a network of real estate transactions involving his family members, an array of limited liability companies, and a nonprofit corporation registered to a luxury residential address. The result is a financial and legal ecosystem that appears to be engineered for opacity and protected by bespoke legislation and corrupt government oversight.
This report presents evidence that raises serious questions about Tillis’s conduct and financial transparency with regard to:• Verifiable property records linking Tillis family entities to concealed or underreported assets • Multiple examples of $0 property transfers between corporate and family-controlled interests • Omitted financial disclosures in violation of the Ethics in Government Act • Potential misuse of nonprofit resources and commingled addresses with real estate operations
These findings are based on public records filed with the IRS, North Carolina’s Secretary of State, the Mecklenburg County Register of Deeds, and other official, government-controlled property databases. The documents cited here are verifiable and evidence of obfuscation speaks for itself.
Correcting the Initial Claim Unmasked a Bigger Problem at 5508 Enslow Place
The most confounding example in this investigation remains 5508 Enslow Place. Initially, I reported that Senator Tillis personally acquired and sold this property. That claim was incorrect — in 2008, Thom “Rick” Tillis and his wife Terry quitclaimed the property to their family-controlled LLC, TRT Holdings. Five years later, in 2013, TRT Holdings sold the property to Theresa L. Baker, a woman from Connecticut who had recently relocated to North Carolina. The sale price was $55,000, and the transaction was executed via a warranty deed — suggesting a conventional, arms-length sale on paper.It was after the sale where the deeply suspicious activity began. Baker died just three years later in 2016, and as of 2025, her name remains on the deed. The mortgage was quietly maintained for seven years after her death and only satisfied in 2023, with no recorded transfer of ownership or probate proceeding — a pattern that raises far more questions than the sale itself. Theresa Baker may not have known much about real estate law or deed classifications. From her point of view, she was buying a modest home for a good price from a real estate company. On paper, the use of a warranty deed suggested a conventional, protected transaction — but the circumstances that followed raise the possibility that she was merely a placeholder in a much broader scheme.
Baker died of cancer in 2016, just three years later. As of 2025, her name is still on the deed. The mortgage, originally taken out in her name, continued to be paid for seven years after her death, and was satisfied only recently — in 2023. No deed has been filed transferring ownership, no probate appears to have been opened, and no heirs have claimed the property.
These facts are not just strange. They point to the deliberate retention of a property in a dead woman’s name, while the home continues to be financially maintained and legally obscured. One possible explanation is that this was a planned placeholder title, allowing the true controllers of the property to remain invisible.
In April 2025, Senator Tillis co-sponsored S. 1334, a bill to raise the asset threshold for taxable Real Estate Investment Trust (REIT) subsidiaries. This legislative development sharpens the strategic picture and introduces a new layer of possible intent, opening the door for the Tillis family to roll “parked” assets — like those once held by TRT Holdings — into a REIT structure with preferential tax treatment and reduced disclosure obligations. In that light, Theresa Baker wasn’t just a buyer — she may have been an unwitting participant in a larger scheme to keep assets off Tillis’s disclosure forms and IRS visibility until they could be sanitized, bundled, and monetized.What Makes This Legally Abnormal?
• Quitclaim deeds are rarely used in arms-length transactions between unrelated parties—yet one was used here. • Title remained in the deceased buyer’s name for nine years—anomalous under standard probate practice. • A mortgage remained active in her name for seven years after her death and was then quietly satisfied—without any transfer of title. • The property was originally sold by TRT Holdings, a Tillis family-run LLC, which shared its address with a nonprofit founded by Susan Tillis. • TRT Holdings was dissolved just five weeks before Theresa Baker’s death, raising questions about whether this was done to avoid potential entanglements with her estate.
These factors raise serious red flags. While not direct evidence of criminal conduct, the structure and timing resemble common patterns used to conceal beneficial ownership and circumvent both tax and ethics disclosure requirements.
You can read more by clicking below:
— Crowdsource The Truth (@JG_CSTT) May 7, 2025
Meanwhile, the American people aren’t letting Letitia off the hook when it comes to her “mortgage scandal.” One man confronted her directly at a recent town hall, and it’s clear she was squirming.
Watch:
BREAKING: Letitia James confronted at a Town Hall after the FBI launched an investigation:
“Will you apologize to President Trump and the state of NY for wasting millions of dollars for a witch trial and how does it feel to know that you will be in prison for mortgage fraud?” pic.twitter.com/HNT1vQMry8
— ALX 🇺🇸 (@alx) May 9, 2025
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Unfortunately, we can’t corroborate the story yet. But it might just warrant a closer look by people with the power and resources to dig deeper. And with any luck, Thom can finish out his RINO term right alongside Ms. James in Cell Block B.
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