Baltimore Prosecutor Marilyn Mosby Indicted For Perjury And Lying On A Mortgage Applications For Florida Properties

A federal grand jury indicted Baltimore Prosecutor Marilyn Mosby. The feds charged her with one count of perjury and two counts of mortgage fraud.

Prosecutors allege she made false statements on mortgage applications to purchase two Florida vacation homes.

The indictment also alleges Mosby lied about meeting the qualifications for receiving pandemic-related assistance from a city retirement plan.

In addition, the feds also allege that Mosby lied on application forms for mortgages. Mosby was attempting to purchase a home in Kissimmee and a condominium in Long Boat Key.

As a result, she has been indicted on two counts of perjury and two mortgage-related charges.

Feds Indict Baltimore Prosecutor Marilyn Mosby 

The USAO alleges Mosby submitted requests for withdrawals of $40,000 and $50,000 in 2020. The withdrawls came from Baltimore’s deferred compensation plans.

The indictment states Mosby falsely certified that she experienced adverse financial hardships due to the pandemic. However, she actually received her nearly $250,000 salary in 2020. 

The indictment alleges Mosby also made false statements two different mortgage applications. The first was on a $490,500 mortgage application to purchase a property in Kissimmee, Florida in 2020.

The second was an application for a $428,400 condominium in Long Boat Key, Florida in 2021.

Mosby was also required to disclose liabilities on the mortgage applications. However, she failed to disclose that she had unpaid federal taxes. Mosby also failed to disclose that the IRS placed a lien against all her properties and rights to her properties. The IRS liens totaled $45,022. This was the amount Mosby and her husband owed the IRS at the time.

Mosby allegedly also executed a rental management agreement with a company a week before she closed on the Kissimmee property. The agreement allowed the company to rent the property on her behalf.

She later signed a second home rider. This rider allows the borrower to occupy and use the property as their second home. Mosby did this  allegedly to get a lower interest rate on the rental property. 

The two perjury counts each carry a maximum sentence of five years in prison. The two mortgage-related counts carry a maximum of 30 years in prison.

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