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Former Baltimore City State’s Attorney Marilyn Mosby Ordered To Forfeit Florida Condo Ahead Of Sentencing
A federal judge has ordered former City State’s Attorney, Marilyn Mosby, to forfeit her condo in Longboat Key, Florida. The ruling comes after Mosby was found guilty of perjury and mortgage fraud. The government says Mosby will have to forfeit 90% of the proceeds to the federal government. Join Our Text Club To Get The […] The post Former Baltimore City State’s Attorney Marilyn Mosby Ordered To Forfeit Florida Condo Ahead Of Sentencing appeared first on 92 Q.
Prosecutors aim to seize Marilyn Mosby's Florida property as she's sentenced for mortgage fraud
BALTIMORE -- Federal prosecutors have asked to seize former Baltimore State's Attorney Marilyn Mosby's Florida condo, according to new court filings. Prosecutors argue that because the Florida condo was purchased using the fraudulent mortgage loan Mosby acquired, the condo is eligible for forfeiture. The government asks that any appreciation of the condo's value and anything Mosby repaid the lender should also be subject to forfeiture. However, Mosby would get her $47,000 down payment back when the government sells the property. The court scheduled an asset forfeiture hearing for May 23, the same day Mosby is set to be sentenced for perjury and mortgage fraud. Mosby would get the $47,000 down payment she paid back when the property sells, but she is not entitled to anything she repaid the lender, the filing says. Mosby, who served two terms as Baltimore City State's Attorney before losing re-election, is the latest in a long line of city officials who have been convicted of crimes including two former mayors and two former police commissioners in the past 25 years.She faces up to 40 years in prison for her perjury and mortgage fraud convictions, but with her history, it is unlikely she will serve the maximum sentence.
New Maryland law enables local jurisdictions to impose higher taxes on vacant properties
This story is republished from Maryland Matters. Read the original here. Last week, Gov. Wes Moore, a Democrat, signed a host of bills into law aiming to solve the ongoing affordable housing shortage across the state. Three of the measures were part of his own priority legislation to address the issue.
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