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ST. LOUIS (AP) - A suburban St. Louis man is accused in an alleged real estate scheme that bilked investors out of more than $2.5 million.
 
Federal prosecutors say 53-year-old Ronald L. Roberts of Town and Country was charged Dec. 11 with three counts of wire fraud and one count of mail fraud. The indictment was unsealed and announced Tuesday.
 
The charges relate to what prosecutors call a bogus land deal with Wal-Mart near Poplar Bluff, Mo. Roberts alleged told lenders they would make huge returns on the money. But, prosecutors say, no deal with Wal-Mart ever existed, and Roberts allegedly gambled at a casino with the money given to him.
 
Roberts does not yet have a listed attorney.
 
Published in Local News
Tuesday, 21 May 2013 17:34

Stan Musial's house for sale

For the right price, you can live like a Cardinal great.

The home of Stan "The Man" Musial is on the market. The family of Stan decided it is time to sell his mid-century Ladue home. For under $2 million--$1.8  to be precise--you can walk the same floors as Musial and his wife Lil.

According to the listing the house is over 5,200 square feet with four bedrooms and seven baths. The home is set on three acres of land. Musial was 92 when he died in January. 

Published in Local News
Home values in St. Louis County appear to be sliding in the wrong direction.

The county reassesses property values during odd-numbered years. The last full assessment was in 2011, when residential values slid four percent. STL County reassessment lowers property values On Monday, County Assessor Jake Zimmerman released some preliminary reassessment figures that indicate that the slide has continued. The figures show median home values have dropped another seven percent since 2011 - with homes in high-foreclosure areas losing 12 percent of their value or more.

Home values rose in only one school district -- Clayton, with declines ranging from 0.2 percent in Kirkwood to 24 percent in Riverview Gardens. STL County reassessment lowers property values Commercial property values appear flat across most of the county.
Published in Around Town
Home values in St. Louis County appear to be sliding in the wrong direction.

The county reassesses property values during odd-numbered years. The last full assessment was in 2011, when residential values slid four percent. STL County reassessment lowers property values On Monday, County Assessor Jake Zimmerman released some preliminary reassessment figures that indicate that the slide has continued. The figures show median home values have dropped another seven percent since 2011 - with homes in high-foreclosure areas losing 12 percent of their value or more.

Home values rose in only one school district -- Clayton, with declines ranging from 0.2 percent in Kirkwood to 24 percent in Riverview Gardens. STL County reassessment lowers property values Commercial property values appear flat across most of the county.
Published in Local News

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