Current:Home > reviewsMarilyn Mosby mortgage fraud trial ends in split verdict for ex-Baltimore state attorney -TrueNorth Finance Path
Marilyn Mosby mortgage fraud trial ends in split verdict for ex-Baltimore state attorney
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-10 05:41:48
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! (94)
Related
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- U.N. says pilot integration program for refugees in Mexico could ease U.S. border crossings
- Massachusetts man indicted on charges of trying to open jet’s door, attacking crew on United flight
- What happens to health programs if the federal government shuts down?
- Travis Hunter, the 2
- University of the People founder and Arizona State professor win Yidan Prize for education work
- Oregon Gov. Kotek directs state police to crack down on fentanyl distribution
- Step Up Your Coastal Cowgirl Style With Coach Outlet's Riveting Studded Accessories
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Prosecutors say cheek swab from Gilgo Beach murder suspect adds to evidence of guilt
Ranking
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Over 100 masked teens ransack and loot Philadelphia stores leading to several arrests, police say
- Miranda Lambert and Husband Brendan McLoughlin's Love Story Will Have You Humming a Happy Tune
- Nick Cannon Says He Probably Wouldn’t Be Alive Without Mariah Carey's Help During Lupus Battle
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Anderson Cooper Details His Late Mom's Bats--t Crazy Idea to Be His Surrogate
- Murdaugh Murders: See Bill Pullman Transform Into Alex Murdaugh in Lifetime's Sinister Movie
- 3 dead after car being pursued by police crashes in Indianapolis minutes after police end pursuit
Recommendation
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
More than 260,000 toddler books recalled due to choking hazard
Gymnastics Ireland issues ‘unreserved’ apology for Black gymnast medal snub
Florida Gov. DeSantis discriminated against Black voters by dismantling congressional district, lawyer argues
Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
Breanna Stewart's Liberty even series with Alyssa Thomas' Sun after 'emotional' MVP reveal
What would a government shutdown mean for me? SNAP, student loans and travel impacts, explained
Meta CEO Mark Zuckerberg kicks off developer conference with focus on AI, virtual reality