The indictment alleges that Mosby, 41, sought a $40,000 withdrawal from her city retirement account in May 2020, citing that she had experienced a financial setback due to the pandemic. Her salary that year had in fact increased $10,000 that year, to $248,000.
“Mosby had not experienced adverse financial consequences stemming from the coronavirus as a result of ‘being quarantined, furloughed or laid off’ or ‘having reduced work hours’ or ‘due to lack of childcare’ or ‘the closing or reduction of hours of a business I own or operate'”—all [prerequisites] for obtaining the loan, which Mosby attested to under penalty of perjury, the indictment says.
The indictment says Mosby received $36,000, which she then put toward a down payment on a rental property near Orlando, Fla. But prosecutors say in purchasing that property, she lied about having a federal tax lien and falsely said the property was a second home, which lowered the interest rate.
The indictment caught my eye partly because of this blog’s past coverage of Mosby’s asking the FCC to investigate a TV station for criticizing her.