Pro-BLM former Baltimore prosecutor Marilyn Mosby found guilty of mortgage fraud

Click here to read the full article.

On Tuesday, a federal jury found former Baltimore State’s Attorney Marilyn Mosby guilty of one count of mortgage fraud and not guilty on a second count.

According to the Baltimore Sun, the verdict comes around three months after another federal jury convicted Mosby of perjury in November. In that case, Mosby claimed that she had suffered hardship due to the Covid pandemic, allowing her to withdraw $80,000 from her city retirement fund.

That money was used to close on two properties in Florida worth around $1 million combined. One was an eight-bedroom house near Disney World, while the other was a beachfront condo on the Gulf Coast.

The trial focused mostly on the former state’s attorney’s failure to disclose a federal tax debt, but the verdict was for a “gift letter” Mosby wrote that claimed Nick Mosby had given her enough money to close on the condo.

Prosecutors said the letter said Nick Mosby would transfer her $5,000 at closing, because she was $4,600 short on her down payment that was required in the February 2021 closing. The indictment said that the payment did not come from her ex-husband, but rather through a series of transfers that investigators had traced back to her checking account.

Experts said that Mosby likely resorted to writing the letter as lenders usually look at a person’s account balance once during the closing process to determine interest rates.

Prosecutors had to prove that Mosby knowingly made false statements on her application and that her lies influenced financial institutions to loan her money. The indictment listed seven false statements.

Continue reading here.

Scroll down for comments and share your thoughts!

What do you think?

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

What Does Gina Carano Actually Want from Her Disney Lawsuit? The Details May Shock You

Nikki Haley Brutally Mocked for Embarrassing Loss to ‘None of These Candidates’ in Nevada Primary