Baltimore State’s Attorney Marilyn Mosby has been indicted on federal fraud charges. Authorities allege that she lied about financial transactions in order to purchase real estate in Florida.
She says she is innocent and that this is all a “distraction.”
State’s Attorney for Baltimore, Maryland, Marilyn J. Mosby stands in the Sandtown-Winchester neighborhood, where Freddie Gray was arrested, on August 24, 2016 in Baltimore, Maryland. (Photo by Larry French/Getty Images for BET Networks)
According to the indictment obtained by the Atlanta Black Star, Mosby has been charged by a federal grand jury with two counts of perjury and two counts of making false statements to the bank in order to receive money for two properties in Florida, one on the Gulf Coast and the other in Orlando.
The charge states that the city’s attorney lied about experiencing financial hardships after the world shut down because of the coronavirus pandemic in 2020. Prosecutors believe she used this excuse to receive two early withdrawals totaling $81,000 from her 457(b) retirement savings to buy both homes.
The indictment says in May 2020, she received $36,000 and in December 2020, she received $45,000.
One of the homes is a condominium located on the Gulf of Mexico. The other is an eight-bedroom home near a popular resort.
The Baltimore Sun states that “early withdrawals were permitted under the federal CARES act for people who suffered financial hardship during the coronavirus pandemic.”
The Department of Justice maintains Mosby declarations of hardship were not true, noting that she received a $10,000 raise in 2020, bumping her salary up to $ $247,955.58.
The indictment further alleges that the 41-year-old falsified information on a mortgage loan application in an effort to downplay federal tax debt and was dishonest about the purpose of the Kissimmee property.
The claim is that she purchased the home near Disney World as a rental, despite receiving a lower interest rate contingent on the promise to the bank that she would not rent the property.
The doc asserts that Mosby entered…