Former Baltimore City Attorney Marilyn Mosby was found guilty of one count of mortgage fraud after testifying that she unintentionally made false statements on loan applications to purchase two vacation homes in Florida.
The Associated Press reported that after the jury deliberated for most of the day, a split verdict was announced Tuesday night, acquitting Mosby of the second mortgage fraud charge.
Mosby was found guilty by a federal jury in November on two counts of perjury for falsely claiming to have suffered financial hardship due to the COVID-19 pandemic in order to withdraw funds from the city’s retirement fund. received the verdict. She has not been sentenced in either case, and each charge carries a maximum sentence of five years in prison.
Federal prosecutors have filed criminal charges against Mosby, alleging that she withdrew money from her retirement account due to pandemic-related hardships and used the money as down payments on two properties in Florida.
Former Baltimore prosecutor Marilyn Mosby found guilty of two counts of perjury
Marilyn Mosby, who was photographed last year, was found guilty of mortgage fraud on Tuesday. (Jerry Jackson/Baltimore Sun/Tribune News Service via Getty Images)
Prosecutors argued she repeatedly lied on her mortgage application.
Mosby’s mortgage fraud trial was scheduled to be held in Baltimore, but it was ultimately held in Greenbelt, Maryland, due to concerns that potential jurors would be biased by media coverage of the case. It was decided that
As the trial began, Mosby and her ex-husband, Baltimore City Council President Nick Mosby, testified, saying Mosby was embarrassed to have lied about paying federal taxes.
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Maryland State Attorney Marilyn Mosby speaks during a press conference in Baltimore on October 11, 2022. (AP Photo/Julio Cortez, File)
Marilyn Mosby told the court she did not intentionally make any false statements and signed the loan application in good faith.
But contributing to the mortgage fraud charges was her failure to disclose the debt on her application.
Prosecutors argued at trial that Mosby lied about receiving a $5,000 gift from her husband at the time, which resulted in a lower interest rate.
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Defense attorney A. Scott Bolden (right) appears in federal court with his client Marilyn Mosby (center) and her husband Nick Mosby on Tuesday, September 14, 2022, in Baltimore. declared. (Kenneth K. Lam/Baltimore Sun/Tribune News Service, Getty Images)
The Baltimore Sun reported that the gift led to the conviction because prosecutors traced it back to her testimony.
To obtain a conviction, prosecutors needed to prove that Mr. Mosby knowingly made false statements that affected the mortgage application process.
Mosby was convicted of mortgage fraud and now faces up to 30 years in prison on the single charge.
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Mosby gained national prominence for prosecuting a Baltimore police officer after the death of a black man, Freddie Gray, in police custody.
The Associated Press contributed to this report.
