A former Baltimore prosecutor was convicted of mortgage fraud

GREENBELT, Md. (AP) — A former Baltimore city prosecutor was found guilty Tuesday of mortgage fraud, concluding a lengthy criminal trial in which Marilyn Mosby She testified that she inadvertently made false statements on loan applications to purchase two vacation homes in Florida.

The jury announced a split verdict Tuesday evening after deliberating most of the day, finding Mosby not guilty of the second mortgage fraud charge. The Baltimore Sun reported.

it was Previously convicted on two counts of perjury in a separate criminal trial in November. She was not sentenced in either case.

The federal criminal charges stemmed from allegations that Mosby claimed she faced pandemic-related hardships to make early withdrawals from her retirement account, then used those funds for down payments on Florida properties. Prosecutors alleged that she repeatedly lied on mortgage applications.

Mosby served two terms as state’s attorney in Baltimore, gaining national prominence for her progressive policies and several landmark decisions. Charges were brought against the police officers involved in the 2015 killing of Freddie Gray, which sparked widespread protests against police brutality. None of them were convicted.

Mosby He lost re-election in 2022 After being indicted by a federal grand jury.

Her mortgage fraud trial, which began in mid-January, has ended Move from Baltimore to Greenbelt, Marylanddue to concerns that potential jurors may have been biased by extensive media coverage of the case.

The trial included emotional testimony from Mosby and her ex-husband, the president of the Baltimore City Council Nick Mosbywho said he lied to her about their outstanding federal tax debt because he was embarrassed.

Marilyn Mosby testified that she did not intentionally make any false statements and signed the loan applications in good faith. Because she had never bought a property before, she said she trusted real estate professionals and her husband during tough times.

Prosecutors said Mosby’s failure to disclose that debt on her loan applications contributed to the mortgage fraud charges. Prosecutors also alleged that she lied about receiving a $5,000 gift from her then-husband, which allowed her to receive a lower interest rate.

The alleged gift, which prosecutors attributed to her own account, is what led to her conviction, according to The Sun. In order to obtain a conviction, prosecutors had to prove that she intentionally made a false statement that affected the mortgage application process.

The Mosbys were politically influential in Baltimore, met in college and had two daughters together. They broke up in November.

In the perjury case, a different jury found that Mosby lied about having financial losses so she could withdraw money from her retirement account.

Her defense initially condemned the claim as being rooted in political or racial animus, but a judge later found those assertions to be false.

During her time as state’s attorney, Mosby won national recognition for her policies, including a decision to stop prosecuting some minor crimes, a practice that her successor has since reversed.

(Tags for translation)Marilyn Mosby

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