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Maryland prosecutor Marilyn Mosby indicted for allegedly lying on loan application spent on vacation home


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15 minutes ago, Highmark said:

The indictment alleges Mosby lied on federal loan applications, including one where she asserted she experienced "adverse financial consequences" in her position as a result of the COVID-19 pandemic, while prosecutors say her gross salary of nearly $250,000 was never reduced in 2020. In fact, the indictment says Mosby's gross salary increased by nearly $10,000 between 2019 and 2020.

As a result of her relief application, Mosby received $36,000, which she used "toward a down payment for a vacation home in Kissimmee Florida" that she purchased in September 2020.

 
 
 

PHOTO: Maryland State Attorney Marilyn Mosby speaks during a news conference announcing the indictment of correctional officers, on Dec. 3, 2019, in Baltimore.

Julio Cortez/AP, FILEJulio Cortez/AP, FILE
Maryland State Attorney Marilyn Mosby speaks during a news conference announcing th...Read More

The indictment accuses Mosby of making false statements on applications for a mortgages of nearly $500,000 for the Kissimmee, Florida, home and a nearly $430,000 mortgage for a condominium in Long Boat Key, Florida.

If convicted of the charges, the U.S. Attorney's Office in Maryland said Mosby faces a maximum sentence of five years in prison for each of the two counts of perjury and a maximum of 30 years for each of the two counts of making false mortgage applications, though actual sentences for such crimes are typically less than the maximum penalties.

 

Mosby has not entered a plea to any of the charges and has not had her initial appearance scheduled as of Thursday evening.

A spokesperson for Mosby did not immediately respond to a request for comment Thursday evening.

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6 minutes ago, jtssrx said:

The indictment alleges Mosby lied on federal loan applications, including one where she asserted she experienced "adverse financial consequences" in her position as a result of the COVID-19 pandemic, while prosecutors say her gross salary of nearly $250,000 was never reduced in 2020. In fact, the indictment says Mosby's gross salary increased by nearly $10,000 between 2019 and 2020.

As a result of her relief application, Mosby received $36,000, which she used "toward a down payment for a vacation home in Kissimmee Florida" that she purchased in September 2020.

 
 
 

PHOTO: Maryland State Attorney Marilyn Mosby speaks during a news conference announcing the indictment of correctional officers, on Dec. 3, 2019, in Baltimore.

Julio Cortez/AP, FILEJulio Cortez/AP, FILE
Maryland State Attorney Marilyn Mosby speaks during a news conference announcing th...Read More

The indictment accuses Mosby of making false statements on applications for a mortgages of nearly $500,000 for the Kissimmee, Florida, home and a nearly $430,000 mortgage for a condominium in Long Boat Key, Florida.

If convicted of the charges, the U.S. Attorney's Office in Maryland said Mosby faces a maximum sentence of five years in prison for each of the two counts of perjury and a maximum of 30 years for each of the two counts of making false mortgage applications, though actual sentences for such crimes are typically less than the maximum penalties.

 

Mosby has not entered a plea to any of the charges and has not had her initial appearance scheduled as of Thursday evening.

A spokesperson for Mosby did not immediately respond to a request for comment Thursday evening.

interesting.  She signed documentation to the feds claiming hardship but then when she got the new loans she would have been required to certify to the lender that there was no decline or hardship,  a loan which was then most likely sold to fannie and freddie mac both government entities.   Wonder if they will use that against others.   issue is when the loans were taken you didn't know whether or not there was a hardship so proving criminal charges is IMO going to be tough.  I know plenty who had record years who took gov money but in that period we never realized how strong the RE market would be.  

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4 minutes ago, Ez ryder said:

Why dose a woman that appears to be in her mid 40s pulling 250k a yr even need a mortgage for 430k ,? 

Taking out mortgages of almost $1M is stupid.  Lying on those mortgage applications about hardships is on another level of stupidity.

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false statements on applications for a mortgages of nearly $500,000 for the Kissimmee, Florida, home and a nearly $430,000 mortgage for a condominium in Long Boat Key, Florida.

 

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12 minutes ago, Angry ginger said:

interesting.  She signed documentation to the feds claiming hardship but then when she got the new loans she would have been required to certify to the lender that there was no decline or hardship,  a loan which was then most likely sold to fannie and freddie mac both government entities.   Wonder if they will use that against others.   issue is when the loans were taken you didn't know whether or not there was a hardship so proving criminal charges is IMO going to be tough.  I know plenty who had record years who took gov money but in that period we never realized how strong the RE market would be.  

She also lied on the mortgage app's about owing back taxes to the IRS. :lol:

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8 minutes ago, Highmark said:

She also lied on the mortgage app's about owing back taxes to the IRS. :lol:

TBH that happens all the time.   depending on the program we pull IRS info to see if they owe,  we do it on all self employed as they are the worst about actually paying.   i've seen some with 4k a month payment plans to the IRS which certainly disqualify them for a loan

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1 hour ago, Angry ginger said:

TBH that happens all the time.   depending on the program we pull IRS info to see if they owe,  we do it on all self employed as they are the worst about actually paying.   i've seen some with 4k a month payment plans to the IRS which certainly disqualify them for a loan

4k a mo . Man that has to be some bill . At that point don't you hire a settlement attorney to work a deal with the irs ? 

I got in to a deal with them prob 30 yrs ago and it was hell just dealing with them for 3 yrs getting caught up 

Was working for a guy who said he was paying all his guys cash . Come to find out he was 1099 all of us with out informing us . Fucking penalties and there juice was more than the fucking bill 

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2 hours ago, Ez ryder said:

4k a mo . Man that has to be some bill . At that point don't you hire a settlement attorney to work a deal with the irs ? 

I got in to a deal with them prob 30 yrs ago and it was hell just dealing with them for 3 yrs getting caught up 

Was working for a guy who said he was paying all his guys cash . Come to find out he was 1099 all of us with out informing us . Fucking penalties and there juice was more than the fucking bill 

You are almost better off going to a mafia loan shark and borrowing from him to pay them.

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