Pump & Dump

The landlord who was not a landlord bought a Yukon with the rent

Steven Hendren pleaded guilty in St. Louis federal court to wire fraud after pulling $284,840.44 out of a Missouri pandemic housing program by inventing tenants, leases, and rent rolls. The money was supposed to keep people in their homes. Some of it went to a 2020 GMC Yukon.

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Ponzi / Pyramid

The meals were imaginary. The restitution is five million dollars real.

A Rochester man joins the long line of defendants ordered to repay millions in the largest pandemic fraud in American history. The meals were on paper. The money was not.

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