A federal grand jury indicted the State Attorney for Baltimore Thursday on four charges, including perjury for claiming a COVID-19 hardship on loan applications to withdraw $90,000 from her retirement account.
Marilyn J. Mosby faces two counts of perjury and two counts of making false statements after making two separate withdrawals totaling $90,000 that she used to purchase two vacation homes in Florida.
Mosby claimed that despite an increase of $10,000 in her salary, she had experienced “adverse financial consequences” due to COVID-19 and needed to draw funds from her retirement account without a tax penalty under the CARES Act.
The indictment also indicates that Mosby secured mortgages for the two vacation homes, totaling over $900,000 in 2020 and 2021, but failed to disclose in the mortgage applications that she owed $45,000 in federal back taxes.
Mosby claimed that one of the homes would be her primary residence in order to get a lower mortgage rate. According to the indictment, just one week prior she had met with a vacation home management company about renting out the house.
A. Scott Bolden, Mosby’s attorney, vowed to fight the charges “vigorously” and insisted that they were “rooted in personal, political and racial animus five months ahead of [Mosby’s] election.”
Mosby maintained that she did not lie on her applications or “defraud” anyone stating, “We are now five months from my next election, and this indictment is merely a preliminary ploy by my political adversaries to unseat me.”
Mosby claimed that since she announced charges against six police officers for the killing of Freddie Gray, she has had a “target on her back.”
Mosby was among many left-wing prosecutors backed by billionaire mega-donor George Soros.
Mosby’s initial appearance in U.S. District Court in Baltimore has not yet been scheduled. If convicted, she faces a maximum of five years in federal prison for each perjury count and up to 30 years for the counts of making false mortgage applications.