Key Takeaways:
– Former Baltimore City State’s Attorney, Marilyn Mosby has been found guilty of one count of mortgage fraud.
– Mosby was cleared of a second charge of mortgage fraud connected to a property in Kissimmee, Florida.
– This follows another ruling three months prior, in which Mosby was declared guilty of two counts of perjury.
– The allegations state that funds meant for the city’s COVID response were used by Mosby to buy properties in Florida.
– Misrepresentation during a mortgage application for a property in Long Boat Key, Florida, also forms part of the allegations against Mosby.
Marilyn Mosby, the former Baltimore City State’s Attorney, on Tuesday was convicted for mortgage fraud by a federal jury. The conviction relates to a falsified claim made by Mosby in a mortgage application for a property at the picturesque Long Boat Key, Florida.
Cleared of Second Mortgage Fraud
While Mosby has been found guilty of one count of mortgage fraud, she was cleared of a second similar charge at the U.S. District Courthouse in Greenbelt. According to a news release by the U.S. Attorney’s Office for Maryland, the acquittal pertains to a case related to another property in Kissimmee, near Orlando, Florida.
Previous Convictions
This latest sentence is not the first conviction the prominent 44-year-old has faced. A mere three months ago, Mosby was convicted on two counts of perjury in another federal case. This involved the mishandling of city COVID funds from Baltimore’s Deferred Compensation Plan. Prosecutors claimed that Mosby, citing “adverse financial consequences” due to the COVID-19 pandemic, withdrew the funds meant for the city’s response to the pandemic.
Misuse of Funds
Instead of funding pandemic response, it was revealed during the trial that Mosby used the money to purchase two Florida properties. This included an eight-bedroom house close to Disney World and a beachside condo on the Gulf Coast. Together, the properties are valued at nearly $1 million.
Fraudulent Mortgage Application
In February 2021, Mosby found herself in hot water once again. She was accused of making a false statement on a mortgage application for a $428,400 mortgage to buy the Long Boat Key property. Prosecutors said Mosby falsely claimed that she received a $5,000 gift from her husband to secure a lower interest rate on the mortgage.
The trial revealed that Mosby did not receive a $5,000 gift, but instead transferred the amount to her husband who then transferred it back into her account.
Denial of Wrongdoing
Throughout these proceedings, Mosby has vehemently denied all accusations. The former prosecutor, known nationwide for leading the 2015 Freddie Gray investigation, continues to assert her innocence.
Upcoming Sentences
The sentencing timelines for both the current mortgage fraud and past perjury cases remain unconfirmed. However, Mosby could potentially face up to 30 years in federal prison for the fraudulent mortgage application. Additionally, in the perjury case, she could receive a maximum of five years imprisonment for each of the two counts.
Throughout her legal battles, Mosby has maintained her stance of complete truthfulness and adherence to legal procedures. However, these convictions place her firmly in the spotlight once again, reminding us of the continuous need for utmost transparency in public service.