Guilty Plea Entered in Morgan Management Case

The former Chief Operating Officer for Morgan Management, Scott Cresswell, has pleaded guilty in an alleged fraud scheme.

Federal prosecutors say Cresswell conspired with others to fraudulently obtain insurance money for repairs on properties managed by the company.

Prosecutors say Cresswell inflated contracts and invoices to insurers for repairs on 34 properties in and around Rochester -- as well as properties in Pennsylvania and Indiana.

The additional money recieved as a result of the inflated contracts totaled nearly three million dollars.

Cresswell pleaded guilty to conspiracy to commit wire fraud.

Four other people connected to Morgan Management have previously been indicted on federal fraud charges, including Robert Morgan's nephew, Kevin Morgan -- who pleaded guilty to conspiracy to commit bank fraud -- back in December.

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