National or Local Business News
A Penn Yan man is accused of endangering several SpaceX launches by forging inspection reports for critical spacecraft components. The U.S. Attorney’s office says 41-year-old James Smalley was a quality assurance engineer for PMI Industries in Gates. Smalley allegedly falsified inspection reports for rocket parts that went into SpaceX’s Falcon 9 and Falcon 9 Heavy […]
A developer who has played a major role in downtown Rochester development has been indicted on federal fraud charges…and according to the Wall Street Journal, Morgan is now being targeted by the Securities and Exchange Commission. The U.S. Attorney’s Office in Buffalo unsealed a 114 count indictment against Robert C Morgan charging him with mortgage […]
Federal prosecutors have released court documents filed after the chief operating officer of Morgan Management admitted to inflating damage numbers on Morgan’s apartment properties after the March, 2017 windstorm. The papers say Developer Robert Morgan’s company was paid nearly $3 million more than the actual cost of repairs because Scott Cresswell inflated the damage […]