Embattled developer Robert “Bob” Morgan pleaded guilty to wire fraud conspiracy Tuesday morning, possibly bringing to an end a mortgage fraud investigation that prosecutors had once portrayed as one of the nation’s largest.

The plea agreement to a single felony calls for no jail time. However U.S. District Judge Elizabeth Wolford can reject the plea at sentencing, which is scheduled for July 22.

In the plea, Morgan admitted to a conspiracy in which he and at least one other person submitted inaccurate loan information to secure money from ESL Federal Credit Union for the construction of Ellison Heights Apartments in 2016.

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