St. Louis man pleads guilty in subsidized housing scheme

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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.

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