Pyramid’s John Steffen facing fraud charges… again

John Steffen, former head of now-defunct Pyramid Construction, is again facing federal fraud charges for allegedly mishandling of Missouri Historic Tax Credits. Specifically, the charges say the funds in the amount of $827,000, were defrauded from the Business Bank.  The one-time Downtown St. Louis developer escaped unscathed from similar charges in late 2010, but prosecutors are bringing the issue back again.


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