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Steffen indictment
3:05 pm
Mon May 9, 2011

Former head of Pyramid Cos. re-indicted on fraud charges

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Credit (via Flickr/Paul Sableman)
The Metropolitan Building in Grand Center. John Steffen, the building's former owner, was re-indicted today on federal fraud charges connected to plans to redevelop the building.
Credit (St. Louis Public Radio)
Developer John R. Steffen faces four felony fraud counts.
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The federal government has filed a new indictment against former St. Louis real estate mogul John Steffen for allegedly misusing funds he had promised as collateral for a bank loan.

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