Former Baltimore State’s Attorney Marilyn Mosby Found Guilty of Mortgage Fraud

Former Baltimore City State’s Attorney Marilyn Mosby has been found guilty of one count of mortgage fraud in connection to her Florida vacation homes. The jury, after deliberating for about eight hours, delivered a split verdict, acquitting Mosby of one charge while convicting her of another.

Mosby, 44, faced trial over allegations of mortgage fraud related to the purchase of two vacation properties in Florida. The federal jury found her guilty of making a false mortgage application for a condominium in Long Boat Key, Florida, while clearing her of similar charges concerning a home in Kissimmee.

The sentencing date for Mosby has yet to be set. This latest conviction adds to her legal woes, as she was previously found guilty of two counts of perjury in November, stemming from her attempts to withdraw $90,000 from retirement funds for down payments on the Florida homes. Prosecutors argued that Mosby falsely claimed financial hardships due to the pandemic to access the funds.

Mosby’s legal troubles don’t end there. Federal authorities in Maryland alleged that she failed to disclose unpaid federal taxes and a $45,000 IRS lien on her properties during mortgage applications. Assistant U.S. Attorney Aaron Zelinsky asserted during closing arguments that Mosby, as a seasoned prosecutor, knowingly made false statements to secure favorable mortgage terms.

The trial, which lasted for 10 days, featured testimony from both Mosby and her ex-husband, Baltimore City Council President Nick Mosby. The defense argued that Mosby was misled by trusted advisers, including her ex-husband, her realtor, and her mortgage broker.

Mosby’s conviction carries a maximum sentence of 30 years in federal prison, adding to the potential five-year sentences she faces for each count of perjury. Sentencing for both cases has yet to be scheduled.

The case has drawn significant attention, with concerns about potential juror bias leading to the trial being moved from Baltimore to Greenbelt, Maryland. Mosby’s supporters rallied outside the courtroom, chanting their support as she left without commenting.

As Mosby prepares for sentencing and continues to appeal her perjury convictions, the legal saga surrounding the former Baltimore State’s Attorney shows no signs of abating. Stay tuned for further updates as this story unfolds.