ST. LOUIS (KTVI) – A local man pleaded guilty Tuesday to stealing government funds for his involvement in a scheme to defraud the Department of Housing and Urban Development of housing benefits, U.S. Attorney Richard Callahan said.
According to court documents, Michael Adkins Sr. utilized a two-fold system to bilk HUD: by renting his own home to his wife and accepting HUD benefits for a separate apartment that he occupied.
Adkins was able to conceal his plot by putting his house under his son’s name.
The scheme netted Adkins more than $30,000, prosecutors said.
Adkins, 59, faces up to 10 years in prison and a $250,000 fine when he’s sentenced on June 5.