Coyle, 68, told U.S. District Court Judge Stewart Dalzell about his struggles growing up poor in Kensington, the same neighborhood where he later acquired wealth. As a child, he lived in rickety houses and his mother worked in sweatshops and he slogged away in a paper factory as a teen, he said.
He became a real-estate mogul and admitted to the court he made mistakes when the economy soured. In making his plea, Coyle, who wore a gray suit over his hefty frame, took several breaks to compose himself.
“I am not a slumlord,” he said, his voice quivering