Reply to Marilyn Mosby, Baltimore State Attorney, indicted for perjury

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Not clear What CARES fund she used - for PPP?[/quote]

She didn't use CARES funds.

The CARES Act allowed you to take a penalty free withdrawal from your retirement accounts if you or a member of your household got COVID or if you suffered any "adverse" financial situation due to COVID. Mosby took out that money from her own retirement funds and used the money as a downpayment on two homes in Florida.

The DOJ is saying she (1) lied and inappropriately took a withdrawal from her retirement account and (2) lied on her mortgage documents when she bought a vacation home (she did not disclose to the lender that she owed money to the IRS).

(1) is a laughable charge, it going to get tossed.
(2) has merit, but feels flimsy. She apparently told the lender it was a 2nd home, so she didn't get the primary household mortgage rate. As a 2nd home owner, you can hire a management company to maintain and rent the house while you're not using it. The thing about the IRS is legit. 
[/quote]

Then what's the problem? I also don't see closing companies doing a lot of DD before disbursing funds. She must have reported that income to IRS or she would do with 2021 taxes? [/quote]

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