Current:Home > StocksMarilyn Mosby mortgage fraud trial ends in split verdict for ex-Baltimore state attorney -MoneySpot
Marilyn Mosby mortgage fraud trial ends in split verdict for ex-Baltimore state attorney
View
Date:2025-04-18 17:15:38
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! (55457)
Related
- Meet first time Grammy nominee Charley Crockett
- NFL schedule today: Everything to know about Packers vs. Eagles on Friday
- NBA legend Charles Barkley promises $1M donation to New Orleans school
- New Mexico attorney general sues company behind Snapchat alleging child sexual extortion on the site
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Freshman classes provide glimpse of affirmative action ruling’s impact on colleges
- Pivotal August jobs report could ease recession worries. Or fuel them.
- Divorce rates are trickier to pin down than you may think. Here's why.
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Is that cereal box getting smaller? Welcome to the bewildering world of shrinkflation.
Ranking
- South Korean president's party divided over defiant martial law speech
- US widens indictment of Russians in ‘WhisperGate’ conspiracy to destroy Ukrainian and NATO systems
- Caitlin Clark returns to action: How to watch Fever vs. Lynx on Friday
- 'I cried like a baby': Georgia town mourns after 4 killed in school shooting
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Federal judge asked to give preliminary OK to $2.78 billion settlement of NCAA antitrust claims
- GoFundMe fundraisers established for Apalachee High School shooting victims: How to help
- Martin Lawrence Shares Rare Insight on Daughter's Romance With Eddie Murphy's Son
Recommendation
Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
Magic Johnson buys a stake in the NWSL’s Washington Spirit
Matthew McConaughey's Son Levi Proves He's Following in His Dad's Footsteps With First Acting Role
Markey and Warren condemn Steward’s CEO for refusing to comply with a Senate subpoena
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
The New Jersey developer convicted with Bob Menendez pleads guilty to bank fraud
RHOC's Heather Dubrow Shares How Her LGBT Kids Are Thriving After Leaving Orange County for L.A.
NFL Week 1 picks straight up and against spread: Will Jets or 49ers win on Monday night?