Current:Home > ContactFormer top prosecutor for Baltimore convicted of mortgage fraud -Wealth Impact Academy
Former top prosecutor for Baltimore convicted of mortgage fraud
View
Date:2025-04-13 23:44:29
GREENBELT, Md. (AP) — A former top prosecutor for the city of Baltimore was convicted Tuesday on one count of mortgage fraud, concluding a lengthy criminal trial in which Marilyn Mosby testified she unwittingly made false statements on loan applications to buy two Florida vacation homes.
The jury announced a split verdict Tuesday evening after deliberating most of the day, finding Mosby not guilty on a second mortgage fraud charge, The Baltimore Sun reported.
She was previously convicted on two counts of perjury in a separate criminal trial that took place in November. She hasn’t been sentenced in either case.
The federal criminal charges stemmed from allegations that Mosby claimed a pandemic-related hardship to make early withdrawals from her retirement account, then used that money for down payments on the Florida properties. Prosecutors alleged she repeatedly lied on the mortgage applications.
Mosby served two terms as state’s attorney for Baltimore, earning a national profile for her progressive policies and several high-profile decisions. She brought charges against the police officers involved in the 2015 death of Freddie Gray, which ignited widespread protests against police brutality. None were convicted.
Mosby lost re-election in 2022 after being indicted by a federal grand jury.
Her mortgage fraud trial, which began in mid-January, was moved from Baltimore to Greenbelt, Maryland, over concerns potential jurors may have been biased by extensive media coverage of the case.
The trial included emotional testimony from both Mosby and her ex-husband, Baltimore City Council President Nick Mosby, who said he lied to her about their outstanding federal tax debt because he was embarrassed.
Marilyn Mosby testified that she didn’t intentionally make any false statements and signed the loan applications in good faith. Having never bought property before, she said she trusted real estate professionals and her husband during a stressful time.
Mosby’s failure to disclose that debt on her loan applications contributed to the mortgage fraud charges, according to prosecutors. Prosecutors also alleged that she lied about receiving a $5,000 gift from her then-husband, which allowed her to secure a lower interest rate.
The purported gift, which prosecutors traced back to her own account, is what led to her conviction, according to The Sun. In order to obtain a conviction, prosecutors had to prove she knowingly made a false statement that affected the mortgage application process.
Once a political power couple in Baltimore, the Mosbys met in college and have two daughters together. They divorced in November.
In the perjury case, a different jury found Mosby lied about suffering financial losses so she could withdraw money from her retirement account.
Her defense initially condemned the prosecution as rooted in political or racial animus, but a judge later found those assertions invalid.
During her tenure as state’s attorney, Mosby received national recognition for her policies, including a decision to stop prosecuting certain low-level crimes, a practice her successor has since reversed.
veryGood! (91)
Related
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Xander the Great! Schauffele wins the British Open for his 2nd major this year
- Joe Biden Drops Out of 2024 Presidential Election
- Arike Ogunbowale and Caitlin Clark lead WNBA All-Stars to 117-109 win over U.S. Olympic team
- Travis Hunter, the 2
- 'We're talkin' baseball': What kids can learn from Willie Mays, Mickey Mantle and the Duke
- Inter Miami to honor Lionel Messi’s Copa America title before match vs. Chicago Fire
- Maine trooper in cruiser rear-ended, injured at traffic stop, strikes vehicle he pulled over
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Global Microsoft CrowdStrike outage creates issues from Starbucks to schools to hospitals
Ranking
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- In Idaho, Water Shortages Pit Farmers Against One Another
- How RHONJ’s Teresa Giudice Helped Costar Danielle Cabral With Advice About Her Kids’ Career
- We’re Still Talking About These Viral Olympic Moments
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- James hits game winner with 8 seconds left, US avoids upset and escapes South Sudan 101-100
- Revisiting Josh Hartnett’s Life in Hollywood Amid Return to Spotlight
- A Tennessee highway trooper is shot along Interstate 40, and two suspects are on the run
Recommendation
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
Baseball 'visionary' gathering support to get on Hall of Fame ballot
James hits game winner with 8 seconds left, US avoids upset and escapes South Sudan 101-100
Republican field in Michigan Senate race thins as party coalesces around former Rep. Mike Rogers
The Daily Money: Spending more on holiday travel?
Arike Ogunbowale and Caitlin Clark lead WNBA All-Stars to 117-109 win over U.S. Olympic team
Horoscopes Today, July 19, 2024
Pediatric anesthesiologist accused of possessing, distributing child sexual abuse material