Current:Home > ScamsMarilyn Mosby mortgage fraud trial ends in split verdict for ex-Baltimore state attorney -Wealth Evolution Experts
Marilyn Mosby mortgage fraud trial ends in split verdict for ex-Baltimore state attorney
SignalHub View
Date:2025-04-07 15:12:06
A jury returned a split verdict in former Baltimore City State Attorney Marilyn Mosby's federal mortgage fraud trial on Tuesday.
A federal jury found Mosby, 44, guilty on the charge of making a false mortgage application in connection to a vacation home she purchased in Long Boat Key, Florida, the Department of Justice announced in a press release.
However, the jury acquitted her of a second charge of making a false mortgage application in connection to a vacation home she purchased in Kissimmee, Florida.
“We humbly respect the court’s considered rulings, opposing counsels’ zealous advocacy, and the wisdom of both jury verdicts in this case and we remain focused on our mission to uphold the rule of law," U.S. Attorney Erek L. Barron said.
Perjury charges:Marilyn Mosby trial, jury reaches verdict: Ex-Baltimore prosecutor found guilty of perjury
Marilyn Mosby previously convicted
A federal grand jury indicted Mosley on the loan application charges as well as perjury charges related to a COVID-19 financial hardship withdrawal in January 2022.
She was convicted in a separate trial on two counts of perjury in Nov. 2023.
In that trial, jurors determined that she did not experience financial hardships during the pandemic and received her full gross salary of nearly $248,000 from Jan. 1, 2020 -Dec. 29, 2020, in bi-weekly gross pay direct deposits of nearly $9,200.
Mosby served two terms as state's attorney for Baltimore from 2015 to 2023 before losing the Democratic primary for the job to Ivan Bates.
Federal authorities said Mosby falsely claimed she received a $5,000 gift from her husband to be applied towards the $428,400 mortgage to buy a condominium in Long Boat Key, Florida so she could get a lower interest rate.
"According to the evidence presented at trial, Mosby did not receive a $5,000 gift from her husband but rather transferred $5,000 to him, and he then transferred the $5,000 back to her," the DOJ said in its press release.
She has not been sentenced on either of the convictions. She could face a maximum sentence of five years for each of the two counts of perjury and a maximum of 30 years for making a false mortgage application.
Contributing: Natalie Neysa Alund
veryGood! (4)
Related
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Prince George Enjoys Pizza at Cricket Match With Dad Prince William
- Australia will crack down on illegal vape sales in a bid to reduce teen use
- The Fed admits some of the blame for Silicon Valley Bank's failure in scathing report
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Shaquil Barrett and Wife Jordanna Announces She's Pregnant 2 Months After Daughter's Death
- Manure-Eating Worms Could Be the Dairy Industry’s Climate Solution
- Why Bachelor Nation's Tayshia Adams Has Become More Private Since Her Split With Zac Clark
- 'We're reborn!' Gazans express joy at returning home to north
- Why zoos can't buy or sell animals
Ranking
- North Carolina justices rule for restaurants in COVID
- Little Miss Sunshine's Alan Arkin Dead at 89
- The Fed admits some of the blame for Silicon Valley Bank's failure in scathing report
- In a surprise, the job market grew strongly in April despite high interest rates
- Intel's stock did something it hasn't done since 2022
- New Study Says World Must Cut Short-Lived Climate Pollutants as Well as Carbon Dioxide to Meet Paris Agreement Goals
- Unsold Yeezys collect dust as Adidas lags on a plan to repurpose them
- Inside Hilarie Burton and Jeffrey Dean Morgan's Incredibly Private Marriage
Recommendation
Small twin
Mangrove Tree Offspring Travel Through Water Currents. How will Changing Ocean Densities Alter this Process?
Fired Tucker Carlson producer: Misogyny and bullying 'trickles down from the top'
Inside the Murder Case Against a Utah Mom Who Wrote a Book on Grief After Her Husband's Sudden Death
Questlove charts 50 years of SNL musical hits (and misses)
Warming Trends: Carbon-Neutral Concrete, Climate-Altered Menus and Olympic Skiing in Vanuatu
Tucker Carlson ousted at Fox News following network's $787 million settlement
The U.S. economy is losing steam. Bank woes and other hurdles are to blame.