Federal prosecutors want to seize Former Baltimore City State’s Attorney Marilyn Mosby’s Florida condo following her conviction early this year for mortgage fraud, reports said, citing a Friday court filing.
The filing said the government plans to sell the condo if it is seized from Mosby, the Baltimore Sun reported. Prosecutors previously said they would seek forfeiture in her case.
The 44-year-old was convicted on one count of mortgage fraud in February, after she testified that she unintentionally made false statements on loan applications to buy two Florida vacation homes, and she will be sentenced on May 23. An asset forfeiture hearing has also been scheduled for that day, according to CBS News Baltimore.
In November, Mosby was convicted of two counts of perjury by a federal jury after she falsely claimed financial hardship during the COVID-19 pandemic in order to withdraw money from the city’s retirement fund. She has not been sentenced in either case.
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Prosecutors argue that Mosby’s condo should be seized because she purchased it after filling out a fraudulent application for a mortgage loan, the Sun reported.
Mosby would get back her $47,000 down payment for the condo, but lose money she repaid to the lender.
Federal prosecutors filed criminal charges against Mosby after allegations that she claimed a pandemic-related hardship to pull money from her retirement account then used the money as down payments on two Florida properties.
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Prosecutors claimed she repeatedly lied on the mortgage applications.
Mosby told the courts she did not make any false statements intentionally and signed the loan applications in good faith, but it was her failure to disclose the debt on her applications that contributed to the mortgage fraud charges.
Prosecutors alleged during the trial that Mosby lied about getting a $5,000 gift from her husband at the time, which helped her get a lower interest rate.
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The gift is what led to the conviction, the Baltimore Sun reported, as prosecutors traced it back to her account.
Fox News Digital’s Greg Wehner contributed to this report.
Source: www.foxnews.com