Author Topic: Guilty: Disgraced Ex-Baltimore District Attorney Marilyn Mosby Convicted of Mortgage Fraud  (Read 211 times)

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Guilty: Disgraced Ex-Baltimore District Attorney Marilyn Mosby Convicted of Mortgage Fraud

Olivia Rondeau 7 Feb 2024

Disgraced former Baltimore District Attorney Marilyn Mosby sobbed in court Tuesday as she was convicted of mortgage fraud — a verdict that could carry decades in prison.

The Democrat served in office from 2015 until she lost her 2022 reelection bid after being indicted on perjury and mortgage fraud charges related to the withdrawal of funds from the city’s Deferred Compensation Plan.

Prosecutors believe that in May 2020, Mosby took advantage of the CARES Act — the first coronavirus relief bill — by seeking a $40,000 withdrawal from her city retirement account, reported the Baltimore Sun.

Though she blamed the withdrawal on financial setbacks supposedly suffered due to the pandemic, Mosby’s salary had actually increased by $10,000 to a total of $248,000 that year, according to the local publication.

According to her indictment, Mosby received $36,000 from the retirement compensation account, then put it towards purchasing a rental property in the Orlando, Florida, area.

“But prosecutors say in purchasing that property, she lied about having a federal tax lien and falsely said the property was a second home, which lowered the interest rate,” the Sun reported.

Mosby, 44, was indicted on both the perjury and mortgage fraud charges in January 2022, and was found guilty of the perjury in November 2023.

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https://www.breitbart.com/crime/2024/02/07/guilty-disgraced-ex-baltimore-district-attorney-marilyn-mosby-convicted-mortgage-fraud/
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