Tag

Mahogany Elite Enterprises

All articles tagged with #mahogany elite enterprises

"Deliberations Begin in Mosby Case: Jurors Urged to Rely on Common Sense"

Originally Published 2 years ago — by The Baltimore Banner

Featured image for "Deliberations Begin in Mosby Case: Jurors Urged to Rely on Common Sense"
Source: The Baltimore Banner

Federal prosecutors have urged jurors to convict former Baltimore State's Attorney Marilyn Mosby of perjury charges, alleging that she lied about suffering a financial hardship during the COVID-19 pandemic to access retirement funds for purchasing vacation homes in Florida. Prosecutors argued that Mosby had no adverse financial consequences from the pandemic and took advantage of new rules under the CARES Act. They claimed that her side company, Mahogany Elite Enterprises, was not an operable business. Mosby's defense argued that the CARES Act instructions were vague and that she had established the business legitimately. The trial is now in deliberations.

Marilyn Mosby's Perjury Trial: Government Warns as Testimony Decision Looms

Originally Published 2 years ago — by The Baltimore Banner

Featured image for Marilyn Mosby's Perjury Trial: Government Warns as Testimony Decision Looms
Source: The Baltimore Banner

Federal prosecutors have warned Marilyn Mosby, the former top prosecutor, that they would press her on several areas if she takes the stand in her own defense in the federal perjury trial. These areas include improper tax deductions, unsubstantiated charitable donations, and a potential mortgage fraud. The trial has focused on whether Mosby lied about suffering a financial hardship due to the pandemic to gain access to $90,000 in retirement funds and purchase two Florida vacation homes. Defense attorneys argue that Mosby had plans to launch a business called Mahogany Elite Enterprises, but it failed to materialize due to the pandemic.