Not convinced at the facts? Are you serious? The guy ran a mortgage scam, preying on the desperate, and never had any intention nor did he ever actually help anyone, in any way, aside from relieving them of their money. That's documented fact. I'm not sure what else you would need to determine he's a despicable person.
Let me repeat, the court found and declared his business to be a scam. The court rejected and did not admit into public record his explanation. The court also decided it's judgement as default. Not just a judge deciding on the case immediately due to overwhelming evidence, but deciding in default due to Bruce just refusing to defend himself after his explanations were rejected. We can go based on the court's word, or we can go on Bruce's word. Personally, having studied business court cases, that is still a case of he-said she-said to me, with way too few details, and I can easily imagine getting into the type of situation he described in a legitimate business example.
What I would need is to either read minds, or know Bruce personally. Or a confession from someone he worked with, admitting that the whole thing was really a scam. I don't have either.