Print this page

Estimated reading time: 0 minutes, 27 seconds

Developer Bob Morgan Pleads Guilty to Mortgage Fraud

Friday, Apr 15 2022
Originating
Written by  The Mortgage Leader

Robert “Bob” Morgan has pleaded guilty to wire fraud conspiracy, potentially ending a sweeping mortgage fraud probe against the Rochester, N.Y., developer. So reports the Rochester Democrat and Chronicle.

fraud 2695269 640smallThe plea deal would spare Morgan from prison time, but a federal judge still must decide whether to approve the plea at a July 22 sentencing hearing.

Morgan admitted to his role in a conspiracy that involved using inaccurate loan details to get funds from ESL Federal Credit Union to build an apartment building.

Read the full article from Rochester Democrat and Chronicle.

Read 973 times
Rate this item
(0 votes)