Justice Prevails: Florida Condo Seizure Sought in Fallen Prosecutor’s Case
Convicted Baltimore Stalwart Faces Asset Forfeiture
Federal prosecutors are moving to seize the Florida condo of Marilyn Mosby, a former State’s Attorney embroiled in a series of criminal cases, following her mortgage fraud conviction earlier this year.
Unlawful Loan Acquisition
According to reports, government plans are in motion to sell the condo if it is forfeited from Mosby, in light of her fraudulent acts in obtaining mortgage loans for two Florida vacation homes. The 44-year-old was convicted of a mortgage fraud count in February, admitting to unintentional misstatements on loan applications. Sentencing is set for May 23rd, along with an asset forfeiture hearing.
Double Jeopardy
In November, Mosby was found guilty of perjury on two counts for falsely claiming financial hardship during the COVID-19 pandemic to withdraw funds from the city’s retirement plan. No sentencing has been pronounced in either case.
Prosecutors’ Argument
The prosecution argues that Mosby’s condo should be seized because she purchased it using fraudulently acquired mortgage loans. Mosby will retain her ,000 down payment but will forfeit funds already remitted to the lender.
Unraveling the Mortgage Deception
Federal criminal charges were filed against Mosby after allegations surfaced that she exploited pandemic-related hardship to withdraw retirement funds, using them as down payments for the Florida properties. Prosecutors assert that Mosby repeatedly provided false information on mortgage applications.
Mosby’s Defense
Mosby maintained that she did not knowingly make false statements, claiming she signed the applications in good faith. However, her omission of debt on the applications contributed to the mortgage fraud charges.
The Conviction Hole
The pivotal conviction stems from Mosby falsely claiming a ,000 gift from her then-husband, which secured her a lower interest rate. This gift, traced back to her account, ultimately led to her conviction for mortgage fraud.
A Crescendo of Justice
As Mosby’s legal battles unfold, justice is taking its course. The asset forfeiture hearing will determine the fate of her Florida condo, while the court weighs the full extent of her criminal conduct. The outcome will serve as a reminder that even those in positions of power are held accountable for their actions.
Data sourced from: foxnews.com
