Current:Home > StocksFormer top prosecutor for Baltimore convicted of mortgage fraud -Aspire Money Growth
Former top prosecutor for Baltimore convicted of mortgage fraud
View
Date:2025-04-17 21:25:23
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! (5)
Related
- Tom Holland's New Venture Revealed
- What is The New Yorker cover this week? Why the illustration has the internet reacting
- Kelly Ripa's Daughter Lola Consuelos Wears Her Mom's Dress From 30 Years Ago
- Elton John Shares Severe Eye Infection Left Him With Limited Vision
- Rylee Arnold Shares a Long
- Police say 11-year-old used 2 guns to kill former Louisiana mayor and his daughter
- Will Tiffani Thiessen’s Kids follow in Her Actor Footsteps? The Saved by the Bell Star Says…
- Is olive oil good for you? The fast nutrition facts on this cooking staple
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Former tax assessor and collector in Mississippi is charged with embezzlement
Ranking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Bears 'Hard Knocks' takeaways: Caleb Williams shines; where's the profanity?
- Police in Hawaii release man who killed neighbor who fatally shot 3 people at gathering
- Man plows into outside patio of Minnesota restaurant, killing 2 and injuring 4 others
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- How Fake Heiress Anna Delvey Is Competing on Dancing With the Stars Amid ICE Restrictions
- Actor Ed Burns wrote a really good novel: What's based on real life and what's fiction
- Oregon hospital hit with $303M lawsuit after a nurse is accused of replacing fentanyl with tap water
Recommendation
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Civil rights activist Sybil Morial, wife of New Orleans’ first Black mayor, dead at 91
Pregnant Gypsy Rose Blanchard Shares Glimpse at Her Baby in 20-Week Ultrasound
Mega Millions winning numbers for September 3 drawing: Did anyone win $681 million jackpot?
Military service academies see drop in reported sexual assaults after alarming surge
Federal judge decries discrimination against conservative group that publishes voters’ information
UGA fatal crash survivor settles lawsuit with athletic association
Glow Into Fall With a $54.98 Deal on a $120 Peter Thomas Roth Pumpkin Exfoliant for Bright, Smooth Skin