Politics & Government
In New Indictment, Feds Say Marilyn Mosby Falsely Represented A $5K Gift From Nick Mosby On Fla. Mortgage Application
Marilyn Mosby has called this case against her "a political witch hunt."
March 10, 2022
Baltimore City State’s Attorney Marilyn J. Mosby (D) and Baltimore City Council President Nick J. Mosby (D) attend the 2017 BET Awards Official After Party in Los Angeles. Photo by Bennett Raglin/Getty Images for BET.
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A federal grand jury in Baltimore issued a superseding indictment against Baltimore City State’s Attorney Marilyn J. Mosby (D) on Thursday, adding new details about false statements on a mortgage application for a second vacation home in Florida.
The new indictment includes details of money-shifting between Mosby and her husband, Baltimore City Council President Nick J. Mosby (D).
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According to federal prosecutors, Marilyn Mosby submitted a false gift letter with the application for a $428,400 mortgage for a condominium in Long Boat Key, Fla.
In order to close on the home, which was in her name, Marilyn Mosby needed $35,699.15 in liquid assets, but only had $31,043.24, according to the indictment.
To make up for the shortfall, Marilyn Mosby submitted a letter that claimed Nick Mosby had made her a gift of $5,000 to be transferred at the closing date from his Municipal Employee Credit Union account.
However, prosecutors contend, that account did not have $5,000 in it, and Marilyn Mosby transferred the money from another account into her husband’s before the closing date.
The timeline is critical because the “false gift letter” allowed Marilyn Mosby “to lock in a lower interest rate than she would have received if she waited until her next paycheck was deposited into her checking account,” the indictment says.
Marilyn Mosby had already been charged with making false statements related to the mortgage application for the Long Boat Key residence, a felony charge that carries a maximum penalty of up to a $1 million fine and 30 years in prison. It is one of four charges to which Marilyn Mosby has pleaded not guilty and pledged to fight in court.
In January she was charged with two counts of perjury for the two separate withdrawals from the retirement account citing coronavirus-related hardships and two counts of making a false statement on a mortgage loan application for two vacation homes in Florida.
In addition to the details of the gift letter, prosecutors said Thursday that Mosby also falsely stated in a letter related to the Long Boat Key mortgage that she had been living in a Kissimmee, Fla., vacation home with her family for the past 70 days, when she had not.
In the original indictment, prosecutors said Mosby falsely represented the Kissimmee property as a second home, although she planned to rent it out to others. She is also charged with failing to disclose federal tax liens pending against her at the time she signed the mortgage applications.
As part of Mosby’s defense, she has said she was unaware of the liens and therefore couldn’t have lied on the paperwork.
A call and email to one of her attorneys, A. Scott Bolden, was not immediately returned on Thursday evening. Nick Mosby did not immediately respond to a voicemail.
He has not been accused of wrongdoing.
The office of United States Attorney Erek L. Barron declined to comment.
Marilyn Mosby has called the case against her a political witch hunt and has pressed for a quick trial before her June 28 primary. Attorneys Ivan Bates and Roya M. Hanna have filed to run against her in the Democratic primary.
A trial in the case is scheduled to begin May 2.
This story will be updated.
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