In papers filed in court, Morgan admitted to no guilt or wrongdoing as part of the deal.
The court documents emerged after Morgan pleaded guilty to a single felony charge, likely sparing him prison time.
Exploring recent trends in digital originations for mortgage lenders, highlighting the role of fintech and AI in reshaping the lending process.
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Robert “Bob” Morgan has agreed to surrender $16.3 million to settle prosecutors’ mortgage fraud charges against the Rochester, N.Y., developer. So reports The Buffalo News.
In papers filed in court, Morgan admitted to no guilt or wrongdoing as part of the deal.
The court documents emerged after Morgan pleaded guilty to a single felony charge, likely sparing him prison time.