A federal jury has indicted Marilyn Mosby, the top prosecutor of Baltimore, on charges of perjury and making false statements. This was in connection to her financial transactions that helped her purchase a condo on the Gulf Coast in Florida, and another property that is located near Orlando, Florida.
Marilyn Mosby Could Be Looking A Long Jail Time
Marilyn Mosby has been charged with falsely claiming to go through immense financial hardship from the coronavirus to obtain an early withdrawal from her savings that she had kept for retirement to purchase the homes. In addition, most of the federal prosecutors have alleged that she lied on a mortgage application for a loan by hiding an outstanding debt on federal tax.
And they have accused her of getting into an agreement to rent out a home she purchased in Kissimmee, near Disney World, while at the same time vowing not to rent any property- all in order to obtain an interest rate that is comparatively low.
This indictment cloud has loomed Marilyn Mosby for nearly a year since most of the federal prosecutors issued subpoenas in March for a wide range of financial records from her and her husband Nick Mosby, who is the current President of the City Council. Mosby is currently being charged with four different felonies that could bring in a lot of prison time, even as her election for a third term looms in June.
Federal prosecutors have not yet accused Marilyn Mosby’s husband Nick Mosby of wrongdoing. The indictment has alleged that Mosby sought a $40,000 withdrawal from her city retirement account in May 2020, citing financial hardship she had experienced due to the pandemic. In fact, she had her salary increased by $10,000 to $248,000, according to the charges pressed against her.