Current:Home > MarketsFormer top prosecutor for Baltimore convicted of mortgage fraud -GlobalInvest
Former top prosecutor for Baltimore convicted of mortgage fraud
View
Date:2025-04-15 11:23:46
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! (97)
Related
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Trump pushes Arizona lawmakers to ‘remedy’ state abortion ruling that he says ‘went too far’
- The Daily Money: 'Can you hear me?' Hang up.
- Washington Capitals' Nick Jensen leaves game on stretcher after being shoved into boards
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- As a landmark United Methodist gathering approaches, African churches weigh their future.
- Isabella Strahan's Brain Cancer Journey, in Her Own Words
- Taylor Swift and Travis Kelce's Coachella 2024 Date Night Will Never Go Out of Style
- In ‘Nickel Boys,’ striving for a new way to see
- Texas’ diversity, equity and inclusion ban has led to more than 100 job cuts at state universities
Ranking
- Buckingham Palace staff under investigation for 'bar brawl'
- Shohei Ohtani interpreter allegedly stole $16M from MLB star, lost $40M gambling: What to know
- Anthropologie’s Best Sale Ever Is Happening Right Now - Save an Extra 50% off Sale Styles
- Alaska judge finds correspondence school reimbursements unconstitutional
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Dallas doctor convicted of tampering with IV bags linked to co-worker’s death and other emergencies
- Army veteran shot, killed in California doing yard work at home, 4 people charged: Police
- Once a five-star recruit, Xavier Thomas navigated depression to get back on NFL draft path
Recommendation
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
Real Madrid and Barcelona rest starters in Liga wins ahead of clashes with Man City and PSG
Benteler Steel plans $21 million expansion, will create 49 jobs
The Daily Money: 'Can you hear me?' Hang up.
Highlights from Trump’s interview with Time magazine
Tiger Woods grinds through 23 holes at the Masters and somehow gets better. How?
Saddle Up to See Meghan Markle and Prince Harry's Date at Polo Match in Florida
Get Gym Ready With Athleta’s Warehouse Sale, Where You Can Get up to 70% off Cute Activewear