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Former top prosecutor for Baltimore convicted of mortgage fraud

A former top prosecutor for the city of Baltimore was convicted Tuesday on one count of mortgage fraud, concluding a lengthy criminal trial in which Marilyn Mosby testified she unwittingly made false statements on loan applications to buy two Florida vacation homes. The jury announced a split verdict Tuesday evening after deliberating most of the day, finding Mosby not guilty on a second mortgage fraud charge, The Baltimore Sun reported.

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Patriot Bank to pay $1.9M to settle DOJ's redlining accusations

The DOJ alleged that Patriot Bank avoided providing mortgage services to majority-Black and Hispanic neighborhoods in Tennessee; Patriot denies any allegations of redlining

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Vietnam property developer faces trial over $12.5 bn bond fraud

The chairwoman of major property developer Van Thinh Phat will go on trial in Vietnam, accused with accomplices of embezzling $12.5 billion from a bank "for personal purposes", the official government website said.Eighty-five others, including a former official at the State Bank of Vietnam who is accused of accepting $5.2 million in bribes, will also face trial at the court in Ho Chi Minh City.

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