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Posted under: News Politics

Baltimore City State's Attorney Marilyn Mosby Charged With Falsifying Mortgage Loan Application

She allegedly withdrew $40,000 and $50,000 from her city retirement account through a CARES Act provision.

Baltimore City State's Attorney Marilyn Mosby was indicted on federal charges on Thursday. She's been charged with filing false information and paperwork for loan applications to buy two vacation homes in Florida, HuffPost reports.

According to the Department of Justice, Mosby is charged with two counts of perjury, as well as two counts of providing untruthful statements on mortgage applications.

She allegedly withdrew $40,000 and $50,000 from her city retirement account through a CARES Act provision, The Baltimore Sun reports. That provision deferred penalties on withdrawals for individuals affected by the COVID-19 pandemic.



"Mosby had not experienced adverse financial consequences stemming from the coronavirus as a result of 'being quarantined, furloughed or laid off' or 'having reduced hours' or 'due to lack of childcare' or 'the closing or reduction of hours of a business I own or operate.'" the 19-page indictment read, according to The Baltimore Sun. These are factors that were required in order to obtain such a loan, and prosecutors allege that Mosby made false attestations under penalty of perjury.  

Mosby's gross salary for 2020 was $248,000, which was more than her 2019 gross salary of nearly $239,000. According to the accusations, Mosby allegedly did not reveal several liabilities on her loan applications, according to The Baltimore Sun.

Federal investigators initiated a probe into the finances of Mosby and her husband, City Council president Nick Mosby. They also issued subpoenas for the couple's finance records, The Baltimore Sun reports.

If convicted, she could face a maximum of five years in federal prison for each count of perjury and 30 years in federal prison for each count of falsifying mortgage applications. She is scheduled to appear in the U.S. District Court in Baltimore, but the date has not been confirmed, according to the DOJ.

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