Ex-Baltimore prosecutor Marilyn Mosby found guilty of mortgage fraud

Former Baltimore City State’s Attorney Marilyn Mosby on Tuesday was convicted on one count of mortgage fraud, after a federal jury agreed she made a false statement on a mortgage application for a home in Long Boat Key, Fla.

But jurors at the U.S. District Courthouse in Greenbelt also found the once-high-profile prosecutor not guilty of a second case of mortgage fraud, the U.S. Attorney’s Office for Maryland said in a news release.

That charge was related to the purchase of another Florida property, a home in Kissimmee near Orlando.

Tuesday’s split verdict came three months after another federal jury convicted the 44-year-old on two counts of perjury, relating to the withdrawal of city COVID funds from Baltimore’s Deferred Compensation Plan she allegedly needed after suffering “adverse financial consequences” during the pandemic.

That money was instead used by Mosby to close on an eight-bedroom house near Disney World and a beachside condo on the Gulf Coast, worth nearly $1 million combined, according to the evidence presented at trial.

In February 2021, Mosby made a false statement on an application for a $428,400 mortgage to purchase the Long Boat Key home, prosecutors said. When applying for that loan, Mosby “falsely stated that she had received a $5,000 gift from her husband to be applied to the purchase of the property,” according to the evidence.

However, prosecutors said she made that statement to secure a lower interest rate.

Additionally, the evidence presented at trial shows “Mosby did not receive a $5,000 gift from her husband but rather transferred $5,000 to him, and he then transferred the $5,000 back to her,” the attorney’s office said in a news release.

Mosby has denied any wrongdoing.

The progressive Democrat first made national headlines following the 2015 killing of Freddie Gray and its subsequent investigation. Mosby, at the time the youngest top prosecutor of any major city in nation, led the investigation into the officers who arrested Gray.

Sentencing dates for both the mortgage fraud and the perjury cases have not been announced.

Mosby faces up to 30 years in federal prison for making a false mortgage application. In the perjury case, she faces a maximum sentence of five years imprisonment for each of the two federal counts.

First appeared on www.nydailynews.com

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